Another aquisition for the books. I think this snippet sums it up:
Macromedia (Nasdaq: MACR) today announced that it has completed the acquisition of Mobile Innovation, a leading user interface (UI) designer, developer, and integrator for mobile devices. With extensive relationships throughout the mobile industry and an impressive track record of innovation, Mobile Innovation has deep expertise in the world of mobile UI design and implementation
You can read the full press release here.
Congratulations guys, this is the third mobile Flash related aquisition I know of (IndiaGames, Animoi) which shows great dedication to advancing the field and reflects the burgeoning number of mobile users that is growing daily and looking for more content then ever before.