Adobe's first new release of After Effects was version 3.0. CoSA along with After Effects was then acquired by Aldus Corporation in July 1993, which was in turn acquired by Adobe in 1994, and with it PageMaker. Cotter, and Russell Belfer at the Company of Science and Art in Providence, Rhode Island, where the first two versions of the software, 1.0 (January 1993) and 1.1, were released by the company.