Adobe buys Macromedia for $3.4bn (BBC reports Monday, 18 April, 2005)
Shares in Macromedia have risen 10% on news its US rival Adobe is to buy it for $3.4bn (£1.8bn) and integrate its software with its own.
It's a move that would certainly benefit both producers of content and it's users. But a dominant player as such doesn't really give everyone much of a choice... that's the idea isn't it?
Shares in Macromedia have risen 10% on news its US rival Adobe is to buy it for $3.4bn (£1.8bn) and integrate its software with its own.
It's a move that would certainly benefit both producers of content and it's users. But a dominant player as such doesn't really give everyone much of a choice... that's the idea isn't it?
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