] Adobe Systems Incorporated today announced an agreement
] to acquire the technology assets of Syntrillium Software,
] a leader in digital audio tools. Syntrillium's flagship
] product, Cool Edit Pro, will join the company's existing
] line of professional digital video products that include
] Adobe® Premiere®, Adobe After Effects®, Adobe
] Encore%u2122 DVD and Adobe Photoshop®.

I've been using Cool Edit for over 8 years now. This will be interesting to see how Adobe integrates it with Premiere and their other digital media tools.