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Photoshop Contest Forum Index - General Discussion - Jmh bought Adobe - Reply to topic

billtvshow
Site Moderator

Location: North Carolina

Post Tue Apr 19, 2005 9:00 pm   Reply with quote         


Jmh132 and Adobe

Jmh132, creator of photoshopcontest.com (Nasdaq: PSC) has announced a definitive agreement to acquire Adobe Systems Incoporated (Nasdaq: ADBE) in an all-stock transaction valued at approximately $25.2 billion. Under the terms of the agreement, which has been approved by both the Moderator's Group of PSC and Adobe's boards of directors, Adobe stockholders will receive, at a fixed exchange ratio, 0.69 shares of PSC common stock for every share of Macromedia common stock in a tax-free exchange. Based on PSC's and Adobe’s closing prices on Friday April 15, 2005, this represents a price of $66.69 per share of PSC common stock.

The combination of PSC and Adobe strengthens our mission of helping people and organizations communicate and develop graphical content in a better way. Through the combination of our powerful development, authoring and collaboration tools – and the complementary functionality of Advantage and PDF – we have the opportunity to drive an industry-defining technology platform that delivers compelling, rich content and applications across a wide range of devices and photoshopping talent.

By combining the passion and creativity of two leading-edge companies, we will continue driving innovations that are changing the ways people everywhere are experiencing and interacting with information and art.
sage

Location: Hudson, Canada

Post Tue Apr 19, 2005 10:50 pm   Reply with quote         


Laughing

yes, but will there be a parade? Razz




_________________
"Life is what happens to you while you are busy making other plans." John Lennon

Michel

Location: Montreal, Canada

Post Wed Apr 20, 2005 12:22 am   Reply with quote         


Yeah, well, we all know how it is going to be; Advantage users will get to use the new Photoshop version before anyone else while us Disadvantaged slackers will be stuck with Photoshop 5.




billtvshow
Site Moderator

Location: North Carolina

Post Wed Apr 20, 2005 12:25 am   Reply with quote         


All new PSCdobe Advantage accounts will now come with a new copy of ps cs2. I wonder if people would pay 3.95 a month for that? Wink
Michel

Location: Montreal, Canada

Post Wed Apr 20, 2005 12:44 am   Reply with quote         


I heard that they will change the front page tomorrow!





jmh132
Site Moderator

Location: Pittsburgh, PA

Post Wed Apr 20, 2005 8:50 am   Reply with quote         


very cute Smile




Photoshop Contest Forum Index - General Discussion - Jmh bought Adobe - Reply to topic

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