Adobe’s $20B Figma Buy Expected to Close in 2023
Adobe agreed to buy Figma, a web-first collaborative design platform, for about $20 billion in cash and stock, Adobe said Thursday. “Figma’s web-based, multi-player capabilities will accelerate the delivery of Adobe’s Creative Cloud technologies on the web, making the creative…
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process more productive and accessible to more people,” said Adobe. The transaction, expected to close in 2023, awaits the approval of Figma’s shareholders.