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Three Figma investors said the failed Adobe deal was an inflection point amid a fresh wave of opportunity thanks to AI.
Not too long ago, Adobe Inc. tried to acquire Figma Inc. for about $20 billion before regulators pushed back. Now investors will get a chance to own a piece of that smaller design-software company.
For now, it seems as though designers will stick with Figma for lack of a reasonable alternative, which is something that Adobe and Figma can build on.
More than a year after Adobe announced it was acquiring Figma for $20 billion, the deal remains stuck in regulatory limbo.
Adobe Systems will pay $20 billion to acquire Figma, a collaborative design platform provider.
Adobe’s $20 billion acquisition of Figma means Adobe will once again be taking a major competitor off the market and bringing it under its own umbrella.
Adobe caused a stir on Wall Street and in Silicon Valley when it announced on Thursday that it was buying design software startup Figma for $20 billion. But the deal is far more expensive for ...
Adobe Inc. (NASDAQ:ADBE) is one of the 13 Best Large Cap Stocks to Buy Right Now. On July 2, DA Davidson maintained its “Buy” ...
No Figma means Adobe is $1 billion poorer In September 2022, Adobe said it would acquire Figma for $20 billion, half in new stock and half in cash (much of that cash funded with new debt).
Today, Adobe announced it has entered into a definitive merger agreement to acquire Figma, a leading web-first collaborative design platform, for approximately $20 billion in cash and stock. The ...
Shares of Adobe (NASDAQ:ADBE) have been left out of the great AI rally amid rising competitive pressures from rivals who’ve ...
Adobe this past week unveiled its largest-ever acquisition, agreeing to buy Figma, a little-known software startup that specializes in helping digital creators collaborate.
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