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Adobe is buying Macromedia??
Not for nothing, but did you guys hear that Adobe made a tender-for-stock offer for Macromedia…and their board approved it? That will mean that the long fueds with Macromedia and Adobe Systems will be over and that the competition between them is gone as well. What do you guys suppose the effects will be of this?
Michael Munkittrick
Managing Creative Director
Spiral Design Studios/DieselVFXForum COWmunity leader for:
Sony DV
Magic Bullet -
3 Replies
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Hi Michael,
A very interesting, and surprising(to me)move. Two absolutely great companies that should now rule the world (until they get bought by comcast, which will eventually own everything).At first I’m a little disappointed. It seems this will push Adobe towards focusing more on the web. I was really hoping for a major announcement regarding upgrades to AE and Premiere Pro. I doubt this will happen now, with this major news. I’m afraid there will be some new product combining things like Acrobat, flash, and dreamweaver…Allowing corporate communications via the web. Don’t get me wrong, this will probably be super, for those of us whos focus is web related; however, for us video and effects guys, it makes me wonder. I guess we will all find out more later.
On a financial note, my kids college holdings of about 10 shares (big holding huh) of adobe, will probably drop by $2 today.
Take care,
Mike Goldberg
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I wonder what the SEC thinks of this. If you look at the past, when Aldus went out of business, Adobe was allowed to buy Pagemaker (among other things, I think), but not Freehand. Freehand went to (anyone, anyone?) Macromedia. Why? Because, I think, Freehand was so similar to Illustrator in its function and the government didn’t want one company owning both competing products. So I wonder if Adobe will be allowed to keep Freehand, or has the law changed, or is there another major contender for vector graphics I’m not aware of? (Coreldraw, Canvas?) Yeah, okay…
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