Adobe Buys Video Software Maker Serious Magic

Adobe has acquired Serious Magic, a maker of video software and communications tools for professional, business, consumer, and education markets. With Serious Magic solutions such as DV Rack extending direct-to-disk recording and monitoring into the field and Visual Communicator and Vlog It delivering the power of video communication to general business users and casual bloggers, the acquisition strengthens Adobe's position in video software for both video professionals and consumers, as per the statement issued by the company.

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