Adobe in $3.4 Billion Macromedia Acquisition
April 18, 2005
Cleary Gottlieb is advising Macromedia, Inc. in German merger control proceedings on Macromedia’s potential acquisition by Adobe Systems Incorporated. The all-stock transaction is valued at approximately $3.4 billion.
Macromedia is a global software company producing applications used in the development of websites, rich media content and Internet applications across multiple platforms and devices. Adobe, also a global software developer, offers software applications used for digital imaging and design and document technology platforms.