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Press Release: Adobe Systems
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Adobe Acquires Syntrillium Software's Cool Edit Pro Audio Software
Page 1 of 1
SAN JOSE, Calif. (May 19, 2003) -- Adobe Systems Incorporated today
announced an agreement to acquire the technology assets of
Syntrillium Software, a leader in digital audio tools. Syntrillium's
flagship product, Cool Edit Pro, will join the company's existing
line of professional digital video products that include Adobe
Premiere, Adobe After Effects, Adobe Encore DVD and Adobe Photoshop.
Terms of the agreement were not disclosed. Adobe expects that the
acquisition will not have a material impact to earnings per share in
Q203 or FY03.
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"Cool Edit Pro has won recognition across the music and video
industries, and by teaming up with Adobe we will be able to bring
this complete multi-track recording application to an expanded set of
customers," said Bob Ellison, president of Syntrillium. "Introducing
Cool Edit Pro into the Adobe family is great news for our customers,
who will benefit from the company's complementary product line and
commitment to delivering high quality products."
"Cool Edit Pro's loyal customers, that span musicians to broadcast
professionals, can look forward to us building on the product's
innovative history. Today, professional audio editing is essential to
digital video and DVD production, and by adding Cool Edit Pro to our
product line, Adobe is delivering a complete workflow for video pros
and DVD authors," said Bryan Lamkin, senior vice president of Digital
Imaging and Video Products at Adobe. "The introduction of Adobe
Encore DVD and our acquisition of this outstanding audio application
demonstrate our intention to put the best DV tools in the hands of PC
users worldwide."
An award-winning application since its introduction in 1997, Cool
Edit Pro is packed with features essential to professional digital
audio production, yet retains the ease of use that has won favor with
a large community of users. Features include support for up to 128
audio tracks; advanced loop mixing; unmatched wave editing power;
professional DSP effects, mastering and analysis tools; audio
restoration; a multi-channel encoder for surround sound; as well as
DirectX, MIDI and video support. During the transition, Syntrillium
products can still be purchased from the company's website at
www.syntrillium.com.
About Adobe Systems Incorporated
Founded in 1982, Adobe Systems Incorporated (www.adobe.com), the
leader in network publishing, offers a comprehensive line of software
for enterprise and creative professional customers. Its products
enable customers to create, manage and deliver visually rich,
compelling and reliable content. Based in San Jose, Calif., Adobe is
one of the world's largest software companies.
Source: Adobe Systems
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I guess some of our software is going to get pretty expensive now.
Have fun,
J. Young
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