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Macromedia: Companies
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During its early years, Macromedia was establishing a foothold in the media-design authoring software field while streamlining the merger. They purchased Altsys Corp., maker of the then-popular FreeHand illustration and desktop publishing software. They ... acquired Altsys' Fontographer program. The purchase marked the company's foray into illustration and design, though it worried some users who were accustomed to Macromedia's strong suit in multimedia software.
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On April 18, 2005, Adobe Systems announced an agreement to acquire Macromedia in a stock swap valued at about $3.4 billion on the last trading day before the announcement. The acquisition was consummated on December 3, 2005, and the companies' operations, networks, and customer care organizations were integrated shortly thereafter. [1].
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Macromedia's competitors are quite open about their plans and are busily upgrading their current product lines for the new specification. All the major companies are already on record as saying their new servers are well into development.
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Macromedia ... uses the OCR feature for sending out data sheets on the company's products, Loo says. "Rather than running around searching for a data sheet to fax, we just fax online documents. They're easy to find and always up-to-date."
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Macromedia formed in 1992 when Authorware and MacroMind/ParaComp merged. Authorware was a multimedia authoring software company started by Michael Allen in 1985, and MacroMind/ParaComp was a multimedia, design, and visualization software company created by the merger of ParaComp and MacroMind in 1991.
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Macromedia's net revenue rose 13% to $116.8 million, from $103.6 million a year earlier. That modestly exceeded the consensus estimate of analysts calling for $114.1 million in sales and the company's guidance, which projected that sales would be flat to slightly down sequentially from $116.1 million in the March quarter.
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