Adobe bought Macromedia. I dont remember exactly when, but it's been awhile. I'm thinking somewhere between 6 monhts and a year ago, but don't hold me at all to that time frame.
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its been a year since they merged..
why - one of the reasons was it was getting too hot to compete against one another for similar products and spending too much on developing 2 diff products doing the same thing.. so why not join together...
so far its been good. lets c what happens later