After the announcement last year, Adobe will not be acquiring Figma anymore. It has been announced that last Monday, Figma and Adobe have mutually terminated their merger agreement. Adobe was supposed to acquire Figma and their platform for USD 20 billion. It was announced recently by Adobe that they’ll be acquiring Figma with a record-breaking deal of USD 20B worth of cash and stocks. Based on their announcement, Adobe will be integrating its imaging, photography, illustration, video, 3D, and font technology into the Figma platform, further enhancing the collaborative web application. “Figma has built a phenomenal product design platform on the web,” said David Wadhwani, president of Adobe’s Digital Media business. Read more in our articles including "Adobe cancels purchase of Figma" and "Adobe to acquire Figma for a record breaking USD 20B deal".
After the announcement last year, Adobe will not be acquiring Figma anymore. It has been announced that last Monday, Figma and Adobe have mutually terminated their merger agreement.
Adobe was supposed to acquire Figma and their platform for USD 20 billion. It was announced recently by Adobe that they’ll be acquiring Figma with a record-breaking deal of USD 20B worth of cash and stocks. Based on their announcement, Adobe will be integrating its imaging, photography, illustration, video, 3D, and font technology into the Figma platform, further enhancing the collaborative web application.
Our coverage of adobe acquisition figma includes: "Adobe cancels purchase of Figma"; "Adobe to acquire Figma for a record breaking USD 20B deal"; "BIR opens Tax Payer Portal". Each article provides unique insights and information.