Macromedia Announces Acquisition of Solis
Posted on October 8, 1997
Macromedia announced the acquisition of Solis Inc. of San Mateo, a leader in open on-line learning management systems. Solis will become part of the Interactive Learning Division at Macromedia, which is focused on developing tools and enterprise solutions for corporate and academic learning. The acquisition was completed effective October 6, 1997, and Macromedia is now offering the Solis Pathway product line as Macromedia Pathware(TM).
"The heritage of our founders and our product is here at Macromedia, and it's great to be back," said Pat McKim, CEO of Solis, Inc., and now vice president of Strategic Business Development at Macromedia. "We're in a hot space with a wonderful ability to solve a major problem for customers: managing CBT (computer-based training) content from many developers using open standards."
