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Dubai News Club > Tech > Adobe’s Figma acquisition is a $20 billion bet to control the entire creative market
Tech

Adobe’s Figma acquisition is a $20 billion bet to control the entire creative market

Press Room
Last updated: 2022/09/17
Press Room
Published: September 17, 2022
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1 Min Read
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Over the past several years, Figma has built its name as a forward-thinking and collaborative design platform and a formidable competitor to Adobe, the giant in the creative apps market. That rivalry ended on Thursday when Adobe announced that it has struck a $20 billion deal to acquire Figma.

The acquisition will allow Adobe to incorporate Figma’s popular design tools into its widely-used portfolio of creative apps. But the acquisition also means that Adobe will once again be taking a…

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