Adobe to acquire Figma in a deal worth $20 billion

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Adobe to acquire Figma in a deal worth $20 billion
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The acquisition will strengthen Adobe’s web offerings.

shortly afterward. It’s big news in the design and development world, particularly as Figma has been competing heavily with Adobe’s XD products in recent years.

Figma was first founded 10 years ago by Dylan Field and Evan Wallace, and the collaborative design platform has become key for many businesses in recent years. Thousands of designers and developers at Microsoft rely on Figma every day to build Office, Windows, and more. It’s used so heavily at Microsoft that it has beenFigma is a powerful design tool for businesses.Figma is all about the web, which is something Adobe and other rivals have been struggling to compete with.

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