Today, Adobe announced two new Adobe Flash Platform open source initiatives aimed at developers, media companies and publishers. The two new technologies being open sourced are designed to help content publishers and developers build Rich Internet Applications (RIA), and Microsoft is focusing on the same goal with its Silverlight technology. Silverlight is competitive with Flash, although Flash is much more entrenched. (For example, Adobe claims that more than 80 percent of video hosted online is Flash-based.)
The two technologies being released as open source are: 1) Open Source Media Framework (OSMF), previously code-named Strobe, which allows developers to build customized media players based on the Adobe Flash Platform; and 2) Text Layout Framework (TLF), which developers can use to bring customized typography capabilities to web applications.