Adobe and Google

Adobe Signs Multi-Year Distribution Agreement with Google:

Adobe Systems Incorporated (Nasdaq:ADBE) today announced the signing of a multi-year agreement with Google Inc. (Nasdaq:GOOG) to distribute the Google Toolbar with various Adobe products over the life of the deal. As a part of the agreement, Adobe and Google today will launch availability of the Google Toolbar with downloads of Adobe’s Macromedia Shockwave® Player. The Google Toolbar will now be offered as part of the Shockwave Player installation process for Internet Explorer on Windows. Under the terms of the agreement, the Google Toolbar will also be offered as part of other Adobe product installations in the future.

Google is fighting agaist Yahoo toolbar already distributed with adobe flash player and also against Microsoft Live search.
for more info read the press release entry

Adobe acquired Macromedia!

Adobe Systems Incorporated (Nasdaq: ADBE) has announced a definitive agreement to acquire Macromedia (Nasdaq: MACR) in an all-stock transaction valued at approximately $3.4 billion.
Under the terms of the agreement, which has been approved by both boards of directors, Macromedia stockholders will receive, at a fixed exchange ratio, 0.69 shares of Adobe common stock for every share of Macromedia common stock in a tax-free exchange.
Based on Adobe’s and Macromedia’s closing prices on Friday April 15, 2005, this represents a price of $41.86 per share of Macromedia common stock.

This is a shocking news I never wanted to read!

more info here