This Weblog comes from Mindy McAdams and resides at Macloo.com. It's a personal blog and probably not of much interest to anyone but me. You are welcome to read and comment as you like.

April 19, 2005

Adobe Buys Macromedia

09:00 AM Apr. 18, 2005 PT -- Adobe Systems said Monday it had agreed to buy Macromedia for about $3.4 billion in stock, in order to extend its lead in the market for creating and distributing digital documents.

Source: Wired News/Reuters

This is huge news for people in online media. The rest of you probably are saying "Huh?"

Posted by macloo at April 19, 2005 12:19 AM
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