'Macrodobe' Merger Clears DOJ Hurdle
2005-10-13 09:47:00
The U.S. Department of Justice has cleared Adobe Systems' proposed buyout of Macromedia, both companies said late Thursday.
Pending approval in a few European jurisdictions, the $3.4 billion deal is expected to close this fall, Adobe said.
Adobe, San Jose, Calif., and Macromedia of San Francisco, announced their merger plan in April and share holders approved it in August.
Both companies field strong entries in content creation and display. Adobe's Acrobat is the de facto standard document reader, PhotoShop is the perennial leader in professional photo editing, Illustrator is big in graphics, and InDesign is making strides in professional publishing/page layout.. Macromedia's Flash player is on more than 90 percent of Web-connected computer devices and a growing number of handhelds and its Dreamweaver is a leader in Web site development and Flex is a power in rich application development.
The combined company, dubbed Macrodobe by some, could form a significant counterweight to Microsoft in graphics and development tools, a fact that is apparently clear to the Redmond, Wash. software giant.
Microsoft is building competitors in virtually all of the categories where Macromedia and Adobe play. But it has also caved to pressure and said that Office 12 will support Adobe's popular PDF (Portable Document Format), something the company had not addressed before
|
|
Lucent Debuts IPTV, VoIP Solution For Service Providers
Lucent Technologies has announced a new solution designed to allow providers to cost-effectively deliver Internet television (IPTV), voice over IP (VoIP) and multimedia services to consumers.
Internet Fraud, Deception Targeted By N.Y. Attorney General
New York State Attorney General Eliot Spitzer announced a double dose of legal action targeting both adware and Web sites accused of charity, mortgage, and marketing scams.
Monster Job Study: Major Metros Are Where IT's At
Online job recruitment continues to show strength in major metropolitan areas despite a struggling economy and a slight decline nationally, according to figures released by Monster Worldwide Inc.
Report: Mobile Phone Shipments Rise 19 Percent In Third Quarter
Worldwide mobile phone shipments rose 19.1 percent in the third quarter year over year, driven by new products, new form factors, and portfolio refreshes, according to an IDC report released Thursday.
MovieTickets.com Launches Podcasting Feature
MovieTickets.com on Thursday launched a podcasting service for delivering movie synopses and alerts when new summaries are available.
Hackers, Scammers Hide Malicious JavaScript On Web Sites
Hackers and scammers have suddenly turned to a new technique to hide malicious JavaScript on compromised or criminal sites, a security researcher said Thursday.
Voice Over WLAN To Triple In By 2007: Report
Voice over wireless local area network (VoWLAN) adoption will triple over the next two years, reflecting the overall trend of WLAN adoption, according to a new report from Infonetics Research. By 2007, 31% of companies surveyed for the study will have implemented the technology, compared to 10% today.
Another Wi-Fi City Rollout, Another Headache For Telcos
Another U.S. municipality, Madison, Wisconsin, is getting a citywide Wi-Fi rollout, this time led by a firm supplying real-time automated meter reading for the utilities industry.
Interactive Networks Unveils Chat Add-On For Outlook
The free add-on allows e-mail recipients to chat immediately with an e-mail sender.
Broadcom Gains Win In Video iPod
SAN JOSE, Calif. — iSuppli Corp.'s teardown analysis of Apple Computer Inc.’s new video-capable iPod reveals an important new component supplier for the unit: Broadcom Corp.
|
