Adobe To Acquire , Design Platform Figma.<br />Adobe To Acquire , Design Platform Figma.<br />As part of its last funding round in 2021, <br />Figma was valued at $10 billion.<br />CNBC reports that on Sept. 15, Adobe announced that it will buy Figma for $20 billion.<br />CNBC reports that on Sept. 15, Adobe announced that it will buy Figma for $20 billion.<br />The deal will include cash and stocks. .<br />The deal will include cash and stocks. .<br />The deal will include cash and stocks. .<br />According to Adobe, Figma's Annual Recurring Revenue will exceed $400 million at the end of 2022. .<br />According to Adobe, Figma's Annual Recurring Revenue will exceed $400 million at the end of 2022. .<br />Figma's cloud-based design software is a direct competitor to Adobe's XD program. .<br />Figma's cloud-based design software is a direct competitor to Adobe's XD program. .<br />CNBC reports that Adobe intends <br />to integrate features from its other <br />products into Figma's platform. .<br />CNBC reports that Adobe intends <br />to integrate features from its other <br />products into Figma's platform. .<br />Adobe’s greatness has been rooted in our ability to create new categories and deliver cutting-edge technologies through organic innovation and inorganic acquisitions, Shantanu Narayen, Adobe CEO, via statement.<br />The combination of Adobe and Figma is transformational and will accelerate our vision for collaborative creativity, Shantanu Narayen, Adobe CEO, via statement.<br />Dylan Field, Figma co-founder and CEO, will keep running the company after the deal closes.
