Adobe, Macromedia CEOs Speak Out
Source: Forbes
Written By Danit Lidor
NEW YORK – Bruce Chizen and Stephen Elop engineered the friendly $3.4 billion acquisition of Elop’s company, Macromedia, by Chizen’s company, Adobe Systems, in April of this year. But the deal still isn’t complete, and the U.S. Department of Justice is investigating whether the merged companies will pose any antitrust concerns.
Still, the deal is expected to close in the fall, and both Chizen and Elop are feeling expansive these days. Sales are up at both companies, and the industry is in general agreement that a bigger, broader Adobe (nasdaq: ADBE – news – people ) will be better positioned to explore new markets for its software, including phones, games, cameras and other handheld gadgets.
Here, Chizen and Elop address a range of topics, including customer concerns, the blessing and curse of Microsoft (nasdaq: MSFT – news – people ), and new market opportunities.
(Forbes.com conducted these interviews separately.)
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