> -----Original Message-----
> From: Rick Root [mailto:[EMAIL PROTECTED]
> Sent: Monday, April 18, 2005 9:32 AM
> To: CF-Talk
> Subject: Bloomberg article
> 
> While looking at news articles about the buyout, I noticed a few
> interesting things in the Bloomberg news...
> 
> Paragraph one of the article:
> 
> "April 18 (Bloomberg) -- Adobe Systems Inc., the world's largest maker
> of graphic-design software, agreed to buy Macromedia Inc. for about $3.4
> billion to add Flash Web-design programs to its offerings. "
> 
> Wow.. $3.4 billion seems like a lot to pay for Flash, doesn't it?

Perhaps - but it's a good deal since if I remember correctly Macromedia
acquired FutureSplash (which it renamed "Flash") for something like 10
million (or less).

That's a pretty good mark up.  ;^)

So this will be the third company to own Flash... the third to own
ColdFusion... the fourth to own Homesite...

Jim Davis





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