Adobe and Macromedia merger
The merger (or acquisition) of Macromedia with Adobe was announced April 2005.The acquisition will see the target firm's shareholders offered 0.69 Adobe shares for every Macromedia share, valuing the latter at $41.86 a pop, a premium over this past Friday's $33.45 closing price. The whole deal is valued at $3.4bn.
Together, the new company will pose a serious threat to Microsoft, the dominant software maker.