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Adobe-Macromedia Merger

Justice Dept. Seeks More Information on Adobe-Macromedia Merger

Authored by Mark Hefflinger on July 11, 2005 - 10:50am.
San Jose, Calif. -- Adobe Systems, a developer of print and online publishing software, announced on Monday that the U.S. Justice Dept. has made a second request for additional information regarding its proposed $3.4 billion acquisition of Macromedia, developer of the Flash multimedia web format. Adobe said the second inquiry is limited to information about the companies' products in the areas of web authoring/design and vector graphics illustration. The inquiry will further delay antitrust approval for the deal, until 30 days after the companies comply with the government's request. Adobe and Macromedia still expect the deal to close in the fall of 2005.
tags: Justice Dept | Adobe-Macromedia Merger | Information |