All Internet News. Adobe Acquires Macromedia: The software maker shells out $3.4 billion for the multimedia company as corporate consolidation continues apace in Silicon Valley..

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Adobe Acquires Macromedia

The software maker shells out $3.4 billion for the multimedia company as corporate consolidation continues apace in Silicon Valley.

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

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