Monday, April 18, 2005

Adobe to buy Macromedia for $3.4 billion

Wow -- that's not chicken feed we're talking about here. An article from C|Net News explains that, "Computer document company Adobe Systems said on Monday it agreed to buy multimedia software firm Macromedia for about $3.4 billion in stock, a move designed to extend its lead in the market for creating and distributing digital documents."

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