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This form of collaboration itself has announced by Adobe. Adobe Company announced that Flash Player will be included directly in Google Chrome browser in the future. This means, users do not need to download the special ad-ons to play with Flash Player.
Google Chrome with built in Flash Player will be released soon but unfortunately, Google does not say when the exact date the new Chrome browser version will be thrown into the market.
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Basically, the purpose of the new API is to allow plugins to integrate more closely with the host browser, which in return will become benefit for users in terms of performance and security.