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