Topic: - on January 18, 2003 at 5:30:01 PM CET
Macromedia Adds Flash to PowerPoint
Web development software maker Macromedia Inc. said on Thursday it acquired Presedia, a privately held company that sells a tool to convert PowerPoint presentations into Macromedia Flash presentations for easy online distribution.
The takeover of Presedia of Sunnyvale, California, expands Macromedia's offerings in the online presentation and electronic learning area, Macromedia of San Francisco said. Presedia, founded in 1999, has about 60 customers including Wells Fargo and Sprint. Financial terms of the deal were not disclosed.
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