Shareholders of Adobe and Macromedia will meet separately today to agree the proposed merger between the two companies.

Adobe has previously announced a definitive agreement to acquire Macromedia in an all-stock transaction valued at approximately $3.4 billion.

The deal seems set to get the go-ahead, according to Wall Street analysts.

The move makes some sense to both parties, as Microsoft prepares aggressive plans to launch products and services for the graphics and design market, chiefly its Acrylic software.

Dow Jones this morning reports that Oppenheimer analyst Sasa Zorovic said: "We expect (the two groups of shareholders) will vote for it.”

Other investor advisors approached by Dow Jones concurred with the advice.

The deal remains subject to approval by US regulators.