Macromedia Adds Flash to PowerPoint
Company will sell Presedia's Express software, which allows users to add
narration and interactive elements to their presentations.
Joris Evers, IDG News Service
Friday, January 17, 2003
Web development software maker Macromedia Inc. said on Thursday it acquired
Presedia, a privately held company that sells a tool to convert PowerPoint
presentations into Macromedia Flash presentations for easy online distribution.
The takeover of Presedia of Sunnyvale, California, expands Macromedia's
offerings in the online presentation and electronic learning area,
Macromedia of San Francisco said. Presedia, founded in 1999, has about 60
customers including Wells Fargo and Sprint. Financial terms of the deal
were not disclosed.
Presedia's product, called Express, allows users to add narration to a
PowerPoint presentation and combine the two in a streaming application
based on the Flash format, Macromedia said. Flash files can be played in a
Web browser using the widely installed free Flash player.
The online presentations created with Express can also contain animations,
quizzes, and surveys. The system tracks and reports the results and can be
linked to electronic learning management systems, Macromedia said.
Macromedia will immediately sell and support Express. The application is
available a hosted service priced at $12,500 per year for 100 users, as
well as a licensed product for installation on a customer's own network.
Macromedia will take on all Presedia staff, it said.
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