Connect with us

Hi, what are you looking for?

New Products

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.

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.

Advertisement. Scroll to continue reading.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Latest Products

Bose 901 60th Anniversary Edition Speakers Lifestyle Front

Bookshelf Speakers

Without any public fanfare, Bose has recreated its legendary 901 Direct Reflecting Loudspeakers that we would like to see and hear in person.

Musical Fidelity M8x Vinyl Phono Stage Silver Front Angle Musical Fidelity M8x Vinyl Phono Stage Silver Front Angle

New Products

Musical Fidelity's new flagship M8x Vinyl Phono Stage is both fully discrete and fully balanced with improved gain stage and more.

Master & Dynamic ME05 Wired Earphones Master & Dynamic ME05 Wired Earphones

Earbuds & In-Ear Headphones

Are wired earphones coming back? The new $199 Master & Dynamic ME05 in-ear headphones refresh a 10-year old design with added support for hi-res...

McIntosh MSA5500 Integrated Streaming Amplifier (Front) McIntosh MSA5500 Integrated Streaming Amplifier (Front)

Digital Music Systems

At $8,000, the McIntosh MSA5500 streaming integrated amplifier isn't for everybody, but it's hard not to be impressed with its styling and audio technology.

HIFIMAN ISVARNA Hybrid Planar Dynamic Headphones HIFIMAN ISVARNA Hybrid Planar Dynamic Headphones

New Products

At $2,899, the HiFiMAN ISVARNA offers both planar magnetic and dynamic drivers to boost the low frequencies in a closed-back design.

Noble audio FoKus Rex5 True Wireless ANC Earbuds Noble audio FoKus Rex5 True Wireless ANC Earbuds

Earbuds & In-Ear Headphones

At $449, the Noble Audio FoKus Rex5 wireless noise cancelling earbuds drop xMEMS support in favor of a new hybrid 5-driver array.

Gift Ideas?

Cyber Monday 2024 Gift Guide

Gift Guides

Cyber Monday 2024 deals you won't want to miss out on from SVS, RSL, THX, Technics, Creative, Denon, Samsung and more.

You May Also Like

Advertisement

ecoustics is a hi-fi and music magazine offering product reviews, podcasts, news and advice for aspiring audiophiles, home theater enthusiasts and headphone hipsters. Read more

Copyright © 1999-2024 ecoustics | Disclaimer: We may earn a commission when you buy through links on our site.



SVS Bluesound PSB Speakers NAD Cambridge Audio Q Acoustics Denon Marantz Focal Naim Audio RSL Speakers