The First and Only Magazine for Macromedia MX™
   
 
charles
The place to come for all of your Macromedia News
««
July 2008
»»
SM
T
WTFS
   12345
6789101112
13141516171819
20212223242526
2728293031
Mailing List

Macromedia/Adobe deal may be showing signs of a crack

Rumors a running wild these days. As a result, classify this as a "keep a careful eye on" story.

High-level sources, who wish to remain anonymous, have told me that the plans for a Macromedia / Adobe merger are not going as smoothly as they had hoped for. As a result, what was supposed to be an announcement just before MAX will most likely not take place till late November.

Recently, executive changes were announced; including making Kevin Lynch a senior VP with Adobe (these were made amidst several senior Adobe executives resigning for "personal reasons"). However, what was before a feeling of it being a "done deal" is suddenly not so certain.

As I said from the outset, this is all very preliminary. While the general consensus is that the deal will eventually culminate, it is no longer the certainty that it once was.

Stay tuned, more could be coming.

Charles E. Brown

John Dowdell made this comment,
fwiw, Adobe and Macromedia are awaiting the approval of various governments, from everything I've seen and heard... shareholders of both companies have already approved the deal.

Once the US DOJ and other bodies move, then the companies can take the next step. I myself have zero idea whether that will end up being pre-MAX, post-MAX, when.

If you can get your anonymous source on the record, or somehow otherwise testable, then that'd be useful, thanks.

jd/mm

comment added :: 6th October 2005, 23:42 GMT :: http://weblogs.macromedia.com/jd

This blog is created and maintained by the author of the page and in no way associated with SYS-CON Media or MX Developer's Journal.
The author of the blog assumes all liability and responsibility personally for the content of the page.
www.blog-n-play.com is a registered trademark (78553120) of SYS-CON Media.