Antitrust NewsWatch: Adobe's Macromedia buy gets U.S. antitrust clearance | MarketWatch

Friday, October 14, 2005

Adobe's Macromedia buy gets U.S. antitrust clearance | MarketWatch

"LOS ANGELES - Adobe Systems Inc.'s planned acquisition of Macromedia Inc. has won antitrust clearance from U.S. regulators, moving the companies into the homestretch toward closing the $3 billion deal, the firms said on October 13. Adobe, the design-software company behind the nearly ubiquitous Acrobat document sharing software, and Macromedia continue to expect to finalize the transaction sometime in the fall. San Jose, Calif.-based Adobe announced in April the plans to acquire Macromedia, which makes the Flash animation software used to display graphics on Web sites."
Adobe's Macromedia buy gets U.S. antitrust clearance