Adobe and Macromedia

Adobe Systems Incorporated (Nasdaq: ADBE) has announced a definitive agreement to acquire Macromedia (Nasdaq: MACR) in an all-stock transaction valued at approximately $3.4 billion.

Whoa. This is huge news for anyone involved in the creative or publishing industry. These two giants make the software that creative professionals use, and now they're becoming one.

Via Kottke.org

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Last Updated is a blog about technology, food and trying to live well.
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My name is Gregory Maher and I run Look North Inc., a website creative and technology studio located in Montclair New Jersey. I enjoy technology, food, wine (and sure, beer too), being outdoors and with friends and family.
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