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Design news

Adobe and Macromedia shareholders approve deal?

Adobe and Macromedia merger gets positive vote.

adobe logo macromedia logo

Design software publisher Adobe has announced that its stockholders have approved the recent acquisition, by Adobe, of web graphics company Macromedia. According to Adobe, the stockholders of both companies have voted in favour of the merger.

Between 73% and 75% of shareholders from each company voted almost unanimously, in favour of the merger, which was announced earlier this year. Adobe predicts that the deal will close in the fall of 2005. The final hurdle is apparently a Department of Justice request for more information about the deal under the Antitrust Improvements Act of 1976.

As previously commented upon, there is concern amongst many designers and web developers that some popular graphics programs, such as Freehand and Fireworks, will be dropped in favour of Adobe Illustrator and ImageReady.

Design Talkboard has already reported that Freehand has been left out of the recent release of Macromedia Studio 8.

1 September 2005

Talk about the Adobe, Macromedia merger in the Design : Talkboard, discussion forums.

 

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