Adobe recently announced that it has entered into a merger agreement to take over Figma for $20 billion in cash and stock. Figma is a web-first collaborative design platform that supports digital collaboration and design access between creators. Figma has a loyal user following consisting of developers, designers and students. The company enables mobile and web application creators to mingle online through its intricate design systems, comprehensive developer ecosystem, and multi-player workflows. The merger will change the future of creativity and productivity by accelerating the online process with modern product designs. Both companies will gain access to a combined and significant user pool and will be able to bring them together for collaboration, sharing ideas, brainstorming, collaborating, and creating together.
Adobe Acquires Figma to Enhance Collaborative Creativity
September 27, 2022 | | Updated: March 28, 2023
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