Acquisition

Picture this: Adobe, the titan behind Photoshop and Illustrator, attempts to acquire Figma, the fast-rising design tool that’s redefining creative collaboration. In September 2022, Adobe announced its $20 billion bid to bring Figma under its wing, a deal that promised to reshape the future of design software. But in a dramatic twist, this corporate marriage […]

On September 15th, 2022, Adobe made headlines with its announcement to acquire Figma, a leading web-based design platform, in a groundbreaking $20 billion cash-and-stock deal. This acquisition marks a monumental shift in the design industry, sparking conversations across the creative world. Set to close in 2023, the deal still awaits approval from Figma’s shareholders. Founded