About Adobe - Adobe to acquire Macromedia

About Adobe - Adobe to acquire Macromedia
What a great news! For long I have considered Macromedia as a company with huge potential in developing web graphics, animations and browsing experience. The two companies are having similar product lines and overlapping markets, including the following products
Adobe Acrobat Reader vs Macromedia Flash Paper
Adobe Golive vs Macromedia Flash
Adobe Photoshop vs Macromedia Fireworks
Adobe Illustrator vs Macromedia Freehand
Adobe After Effects vs Macromedia Director MX
etc...
The incredible improvement in vector graphics authoring and streaming compression technology of Macromedia serves as the strongest pillars for its product lines.
The join forces in this occasion may well eliminate the competition of desktop publishing market between two biggest players.

The following are related news from various sources:
- CNN Money - Adobe to buy Macromedia for $3.4B
- ABC News - Adobe in $3.4 Bln Deal for Macromedia
- Business Week - Adobe to buy Macromedia in $3.4B deal
- PC Magazine - Adobe to Buy Macromedia for $3.4 Billion
- BBC News - Adobe to buy $3.4bn Macromedia
- Bloomberg - Adobe Systems to Acquire Macromedia for $3.4 Billion
- New York Times - Adobe to Buy Macromedia in $3.4 Billion Stock Deal