Here is a NYT story about a major deal in the software industry that is particularly interesting to me. Adobe has acquired Macromedia in an all-stock deal. Adobe and Macromedia are notorious direct competitors, offering many very similar products. Adobe had sued Macromedia at one point over alleged infringements of their patents. Adobe is looking to combine their strength in documents and print graphics with Macromedia’s strength in multimedia, such as their products Flash and Dreamweaver. It’s all quite exciting.
The plot thickens. From slashdot: “”According to John Dvorak the reasoning behind Adobe’s recent (and to many, surprising) purchase of Macromedia for $3.4 billion is that Adobe was afraid Microsoft was going to do it first.”