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Monday, April 18th, 2005, 9:54 am

Adobe Buy Macromedia

Scare

News that are just in speak of a takeover of Macromedia (best known for Flash) by Adobe (makers of Acrobat Reader, Photoshop, Illustrator and so forth).

The two companies had settlements in court in the past. So, what are the implications of this acquisition? Domination of rich media delivery? This 3.4 billion dollar deal is definitely going to shape our future.

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