July 30, 2002 |
Adobe Systems Inc. and rival Macromedia Inc. have agreed to settle patent lawsuits between the firms. Terms were not disclosed. A federal jury on May 10 ordered Adobe to pay Macromedia $4.91 million for patents covering computer graphics and sound-systems software. A separate jury on May 2 returned a $2.82-million verdict against Macromedia for infringing Adobe's patent to organize tools on a computer screen.
November 9, 1999 |
Web software maker Macromedia Inc. said Monday it will invest $5 million for a 6% stake in Stan Lee Media. As part of the deal, Macromedia Chief Executive Rob Burgess will get a seat on the board of the Los Angeles company run by Stan Lee, the creator of Spider-Man. Macromedia's Shockwave unit will offer weekly episodes of Lee's new animated series on its Web site beginning in January, Burgess said. Macromedia had 4.22 million visitors to its site in September, according to Media Metrix.
January 28, 2000 |
Shockwave.com, an online entertainment site owned by San Francisco-based Macromedia Inc., said it has signed an exclusive deal with Tim Burton in which the director and animator will develop a series of short cartoons for the fledgling Web site. Burton, the director of "Batman" and other films, joins a growing number of prominent Hollywood talents pursuing Internet ventures, and his deal comes at a time when entertainment sites are proliferating on the Web and competing for viewers' attention.
April 10, 2001 |
Two high-tech powerhouses--Intel Corp. of Santa Clara, Calif., and Macromedia Inc. of San Francisco--are about to launch software that adds a third dimension to the flat world of the Web. The new versions of Macromedia's Director and Shockwave Player software are the latest in a long series of efforts to boost the use of 3-D technology. Those attempts haven't made much of an impact on the Web, however, as 3-D has largely been confined to games and virtual tours.
April 19, 2005 |
Adobe Systems Inc. on Monday announced that it planned to buy Macromedia Inc. in an all-stock deal valued at more than $3 billion. The deal would bring together a pair of California-based companies that are successful in different realms of the publishing software business -- and help both ward off anticipated challenges from Microsoft Corp.
October 14, 2005
* Chevron Corp. said it restarted ahead of schedule normal operations at its Pascagoula, Miss., refinery, which was closed before Hurricane Katrina. * Adobe Systems Inc., the world's largest maker of graphic-design software, said its proposed $3.4-billion acquisition of Macromedia Inc. was approved by the Justice Department.