Adobe acquired Macromedia, Inc. for approximately $3.4 billion, a transaction completed in December 2005, structured as all stock.
Macromedia, Inc. operates in Creative / Digital Media. Macromedia was a San Francisco based software company best known for Flash, Dreamweaver, and web and multimedia authoring tools. Its technology extended Adobe's reach into rich interactive content, web development, and mobile and enterprise delivery platforms.
Adobe positioned the all-stock combination as delivering an industry-defining technology platform, combining Adobe's development, authoring, and collaboration software and the complementary functionality of PDF and Flash to help customers create, manage, and deliver compelling content and experiences across operating systems, devices, and media, particularly in mobile and enterprise segments.
Customers are calling for integrated software solutions that enable them to create, manage and deliver a wide range of compelling content and applications, from documents and images to audio and video.Bruce Chizen, Chief Executive Officer, Adobe Systems Incorporated
Advisory firms were not disclosed for this transaction.