Adobe/Macromedia merger probed
PrintFeds want more info
Posted in Financial News, 12th July 2005 14:37 GMT
Free whitepaper – Vulnerability management buyer's checklist
Adobe and Macromedia must provide more information to the Department of Justice before regulators will approve their merger.
Adobe said in April it would pay $3.4bn for Macromedia, maker of Flash animation software.
The two companies have now received their second "Request for Additional Information and Documentary Materials" from the DoJ. The request covers web authoring and design softare and vector graphics illustration.
The two firms are gathering info for the lawyers now and will continue to work closely with the DoJ, according to thisstatement.
Adobe is still hopeful shareholders will approve the deal in September and it will close in Fall 2005. It expects the deal to add a little to earnings, or have no impact.®
Related stories
Adobe update quells Unix PDF peril
Adobe and Macromedia: bad news for online tools
Macromedia to merge with Adobe
Free whitepaper – Vulnerability management buyer's checklist
Analyst Keynote: The Register Agile Data Center Summit
What Exchange can't do - and Dell can
Enabling The Agile Data Center
Analyst Keynote: The Register Agile Data Center Summit
Google Spanner — instamatic redundancy for 10 million servers?
Early adopters bloodied by Ubuntu's Karmic Koala
Fedora 12 polishes Linux for netbooks
Sign up, sign up for The Register IT security newsletter