Adobe’s Macromedia takeover clears final hurdle | CNET News.com

Adobe’s Macromedia takeover clears final hurdle | CNET News.com

Adobe Systems’ multibillion-dollar takeover of rival software developer Macromedia has received regulatory clearance and is expected to be completed Saturday.

Adobe announced late Thursday that it and Macromedia have either received or been notified they will receive all regulatory clearances necessary to complete the acquisition, which will cost Adobe $3.4 billion.

Leave a Reply

You must be logged in to post a comment.