Digital Home Thoughts: BetaNews: Adobe Bolsters Flash Video with Acquisition

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Saturday, October 21, 2006

BetaNews: Adobe Bolsters Flash Video with Acquisition

Posted by Jason Eaton in "ARTICLE" @ 07:00 AM

http://www.betanews.com:80/article/Adobe_Bolsters_Flash_Video_with_Acquisition/1161375228

"Adobe on Thursday acquired video software maker Serious Magic, intended to continue its momentum in the streaming video industry. The company produces several applications, including direct-to-disk recording software DVRack as well as video tools Visual Communicator and Vlog It. After having practically no market share in the streaming video market, Flash has quickly -- and silently -- become the de facto standard for Web video. Sites like YouTube and MySpace have put Adobe at the forefront, and the format continues to gain momentum."

Maybe this is the answer to the codec problems of the world. No, I don't mean the Flash format itself, we just need one company to acquire all the others companies so that we have only one file type to deal with.

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