The most earth scattering news today is the announcement that Macromedia and Adobe join forces. My first reaction was, why didn't I buy stock in Adobe earlier!?
But if you look closer on both sites you'll find information that it is really happening. It is actually Adobe acquiring Macromedia. 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.
I don't know about you but this brings all kinds of questions and uncertainties to my mind. After all it is the two biggest competitors that are joining forces. This can be a good thing but we'll have to wait and see for sure. All I know is that Macromedia had a good thing going with the next update to Flash. Director is the kid I'm most worried about! Hopefully this won't be the same story as it once was with Quark acquiring mFactory back in 1998 and later dropping development for it. This left a lot of unhappy users since it was a great app.
And what about DreamWeaver and Freehand, FireWorks? Freehand wasn't top priority anymore at least that's the feeling that I got. The DreamWeaver issue is more serious since the team is also on the WASP board for improving web standards support. Keeping two software packages isn't cost effective so I am pretty sure that there will be some kind of merger between GoLive and DreamWeaver. Let's hope they keep all the good parts. Personally I still prefer DreamWeaver even with the recent announcement of an updated GoLive. FireWorks is better then ImageReady certainly when it comes to vector support. It is true that since using CSS I don't use it as often as I used to but it's still a handy application.
Wait and see what the future will bring, but one thing is sure this is the most surprising news in a very long time. Still recovering and trying to get back into the usual swing of things. Not a good way to start a Monday morning :-s
Update! More information from Mark Chambers, Macromedia Product Manager for Developer Relations on his blog.