Connect with us

Hi, what are you looking for?

Adobe

Adobe Acquires 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. Under the terms of the agreement, which has been approved by both boards of directors, Macromedia stockholders will receive, at a fixed exchange ratio, 0.69 shares of Adobe common stock for every share of Macromedia common stock in a tax-free exchange. Based on Adobe’s and Macromedia’s closing prices on Friday April 15, 2005, this represents a price of $41.86 per share of Macromedia common stock.

The combination of Adobe and Macromedia strengthens our mission of helping people and organizations communicate better. Through the combination of our powerful development, authoring and collaboration tools ‘” and the complementary functionality of PDF and Flash ‘” we have the opportunity to drive an industry-defining technology platform that delivers compelling, rich content and applications across a wide range of devices and operating systems.

By combining the passion and creativity of two leading-edge companies, we will continue driving innovations that are changing the ways people everywhere are experiencing and interacting with information.

Adobe is required to include the following legend on any communications that may be deemed to be offering or soliciting material under the applicable SEC rules and regulations

ADDITIONAL INFORMATION AND WHERE TO FIND IT

Adobe Systems Incorporated intends to file a registration statement on Form S-4, and Adobe and Macromedia, Inc. intend to file a related joint proxy statement/prospectus, in connection with the merger transaction involving Adobe and Macromedia. Investors and security holders are urged to read the registration statement on Form S-4 and the related joint proxy/prospectus when they become available because they will contain important information about the merger transaction. Investors and security holders may obtain free copies of these documents (when they are available) and other documents filed with the SEC at the SEC’s web site at www.sec.gov. In addition, investors and security holders may obtain free copies of the documents filed with the SEC by Adobe by contacting Macromedia Investor Relations at 408-536-4416. Investors and security holders may obtain free copies of the documents filed with the SEC by Macromedia by contacting Macromedia Investor Relations at 415-252-2106.

Advertisement. Scroll to continue reading.

Adobe, Macromedia and their directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Adobe and Macromedia in connection with the merger transaction. Information regarding the special interests of these directors and executive officers in the merger transaction will be included in the joint proxy statement/prospectus of Adobe and Macromedia described above. Additional information regarding the directors and executive officers of Adobe is also included in Adobe’s proxy statement for its 2005 Annual Meeting of Stockholders, which was filed with the SEC on March 14, 2005. Additional information regarding the directors and executive officers of Macromedia is also included in Macromedia’s proxy statement for its 2004 Annual Meeting of Stockholders, which was filed with the SEC on June 21, 2004 and Macromedia’s proxy statement for a Special Meeting of Stockholders, which was filed with the SEC on October 6, 2004. These documents are available free of charge at the SEC’s web site at www.sec.gov and from Investor Relations at Adobe and Macromedia as described above.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Advertisement

New Products

New Products

VIZIO just released their 2020-2021 TV lineup, which includes the company's first-ever OLED 4K TVs in conjunction with 19 LED-backlit 4K LCD TVs in...

Bowers & Wilkins

Bowers & Wilkins introduces Signature 705 ($3,999/pr) stand-mount and Signature 702 ($6,499/pr) floor standing loudspeakers with upgraded components and finishes.

New Products

The $399 UE HYPERBOOM is a Bluetooth wireless speaker that is the biggest, loudest and bassiest from the Ultimate Ears BOOM lineup.

Bang & Olufsen

Top-of-the-line 8K OLED TV for 2020 with folding panels that combines expert craftsmanship with the best in OLED TV technology.

A/V Receivers

2020 Denon 8K A/V receivers are packed with the latest home theater technology. New models include the AVR-X6700H, AVR-X4700H, AVR-X3700H and AVR-X2700H.

New Products

Affordably priced 2.1-channel sound bar system with wireless subwoofer, Chromecast built-in and support for 8K TVs.

You May Also Like

Adobe

Adobe today introduced the Adobe® Acrobat® X software family — Acrobat X, Reader® X, the Acrobat X Suite and new document exchange services at...

Adobe

There was an interesting development in the Apple vs. Adobe Flash War recently. Adobe decided to discontinue development of tools for making Flash apps...

Adobe

Breakthrough Interactive Design Tools Maximize Impact of Creative Content and Digital Marketing Campaigns Across Media and Devices Adobe Systems Incorporated just announced Adobe Creative...

Adobe

Close to 70 Industry Leaders Collaborate Toward Open Mobile Ecosystem At Mobile World Congress™ 2010, Adobe Systems Incorporated today announced advancements to the Adobe...

Advertisement

ecoustics is the unbiased resource for the latest technology news, coolest gadgets, and best consumer electronics. Plus get product reviews, roundups and deals from all over the web on everything electronic. Read more



Copyright © 1999-2020 ecoustics | Disclaimer: ecoustics may earn a commission when you buy through links on our site.