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October 24, 2006
One hundred million dollars
One hundred million dollars: Wow. I had to check my ears, but Creative Mac and FlashMagazine confirm what I heard: "Adobe also plans to invest approximately $100 million in venture capital over the next 3-5 years in companies leveraging Adobe platform technologies, particularly companies delivering applications via Apollo, as part of Adobe's commitment to building an ecosystem for the Adobe(R) Engagement Platform." That's a lot of Flex Builder licenses! Key quote I heard, in paraphrase: Apollo will let you take your existing skills in browser development or Flash, and not only create standalone system apps, but also create cross-platform standalone system apps. No learning a new language just to hit one platform, no learning multiple environments to hit multiple platforms... your existing skills, multiple environments, and a hundred million bucks behind it. Wow.
Posted by JohnDowdell at October 24, 2006 2:35 PM
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