Adobe To Acquire Macromedia In $3.4B Deal
Adobe Systems, one of the world's largest providers of document design software, will acquire Macromedia in an all-stock transaction valued at approximately $3.4 billion, the companies announced Monday.
Adobe's software includes the popular Acrobat and Photoshop program. San Francisco-based Macromedia makes the Dreamweaver and Flash web-design software.
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