Apple Purchases Final Cut from Macromedia!

Apple Purchases Final Cut from Macromedia!

On May 4th, after rumors were flying high about the possibility of Apple purchasing Macromedia's Final Cut video editing software, Apple posted a vague press release entitled 'Apple Acquires Technology From Macromedia'. The press release neither confirmed, nor denied whether the 'software' was actually Final Cut, and to our knowledge, and that of the various other media outlets, it was still unclear. Until now, of course.