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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.
The design software startup, helmed by cofounder Dylan Field, moved closer towards one of the most anticipated public offerings of the year.
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Adobe CEO Shantanu Narayen believes that the two companies will be better together. “The combination of Adobe and Figma will significantly expand our reach and market opportunity while making ...
Shares of Adobe (NASDAQ:ADBE) have been left out of the great AI rally amid rising competitive pressures from rivals who’ve used generative AI as a battering ram to gain a growing slice of the ...
Figma, the platform that specializes in collaborative interface design, has filed for an initial public offering (IPO). The ...
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’s influence is growing even larger.
But if Figma is worth $20 billion to Adobe today, we struggle to not see how it won’t be worth $40 billion to itself in time. And more valuable for its users along the way.
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.
The Figma deal is Adobe’s biggest M&A play in its 40-year history. In 2021, Adobe paid $1.275 billion for Frame.io, a cloud-based video collaboration platform with more than 1 million users ...