This is not good. Macromedia had been up and coming as a competitor to Adobe in the fields of vector art and movie-making software, and now Adobe has flat-out bought this competition, once again bringing them closer to a monopoly position in those fields. Not good. Of course, they're not quite up there with Microsoft yet as Adobe actually comes out with decent products, but they'll be in a position to charge whatever they want, which for those of us who use graphics software is not good at all.
(Via Webgraphics)
