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Oracle and Macromedia announce partnership







Oracle and Macromedia announce
partnership

Oracle and Macromedia announce
partnership
07/16/2004 01:29 AM

Scoop Jul 16 2004 5:44AM GMT




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Oracle and Macromedia announce partnership

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Web surfers will be able to access 20 XM channels on AOL's radio section, along with its current roster of about 130 stations, for free. A new version of AOL's "premium" radio service will have 70 XM channels and be available for a monthly fee, which has not been set, XM spokesman David Butler said.

AOL subscribers will automatically receive the enhanced service.

(Thanks, Michael!)

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microsoft_fiat.jpg imageMicrosoft has been eyeing the automotive market for nigh-on a decade at this point and finally their investments may start to pay off in products that might actually be useful. Fiat, for instance, has just announced a long-term strategic partnership, which in and of itself isn't that spectacular, but some of their ideas, if they come to fruition, sound pretty great: Bluetooth sync of contacts and address book information; easy USB hookups for accessing MP3 players; integrated cellular service (this is pretty common these days, but a broader standard would be nice). It's the sort of design philosophy that I can really get behind; I don't want my car to be able to do everything. I just want it to be able to talk to all my other gadgets. (Thanks, Nicolai!)
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Apple and Moto announce partnership on cellphone - Engadget 


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Adobe has today announced plans to purchase Macromedia for an all-stock transaction worth $3.4 Billion.

Macromedia shareholders will receive 69% a share of Adobe for each one they hold, which represents approx. $41.86 per share at Adobe's closing price of $60.66. The figure represents a 25% premium on Macromedia's shares, which closed at $33.45 on Friday.

The deal, approved by both boards, is being described as a way of expanding both the companies. Bruce Chizen, Adobe CEO, described the purchase as being "all about growth," and explained that he expects the two companies together to grow faster than they would apart. “By combining our powerful development, authoring and collaboration software – along with the complementary functionality of PDF and Flash – Adobe has the opportunity to bring this vision to life with an industry-defining technology platform.” Although true, the deal reflects the increased competition both companies are facing in their respective markets.

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Although details are somewhat limited, the two companies announced that they believed the purchase would give cost savings. However, as recent history with purchases such HP and Compaq would tell, there are serious difficulties and costs involved in integrating two companies.

Chizen will stay in his position as CEO of Adobe, whilst Stephen Elop, President and CEO of Macromedia, will become president of Worldwide Field Operations in the new combined company. The deal is expected to be completed later this year.

View: Adobe Press Release | Macromedia Press Release

Read full story...

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Fax Server Solutions in Europe
12/19/2004 03:45 PM
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RF Code and InfoWave Solutions Announce
Strategic Partnership Agreement for RFID
Integration Solutions


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Strategic Partnership Agreement for RFID
Integration Solutions
05/31/2004 02:00 PM
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Speedera and Macromedia Announce
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Belga Direct Press Releases Sep 9 2004 2:10PM GMT

E-Time System, Moonrise Announce
Strategic Partnership, Raise Software
Standards With New ‘POS’ Public Access
Product Self-service technology and
e-commerce leaders target interactive
kiosk industry with new “Point of Sale”
applications.


E-Time System, Moonrise Announce
Strategic Partnership, Raise Software
Standards With New ‘POS’ Public Access
Product Self-service technology and
e-commerce leaders target interactive
kiosk industry with new “Point of Sale”
applications.
05/31/2004 02:17 PM
Moonrise Systems, Inc. publishers of NetStop Internet kiosk browser and Pennsylvania-based E-Time System, Inc. announced their collaboration on a new software product for public Internet access terminals. The announcement follows the signing of an exclusive strategic marketing agreement earlier this year. [PRWEB May 28, 2004]
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Oracle and Macromedia announce partnership

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