According to multiple reports including Bloomberg, Adobe and Figma are set to finalise a deal for the purchase of Figma for a whopping $20 billion!
What do you think of this deal, does it make sense, do you wish Figma would stay independent? π§
Update: Since writing this, Adobe have confirmed that they are in fact buying Figma, Figma will remain independent and Dylan Field will remain as CEO.
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I like how Figma does not have feature bloat and no subscription.
I Hope Adobe leaves it as is.
The Figma team has built a great product and incredible business. I would have loved to seen them take it public and keep going, but it is impressive in terms of what they built and accomplished. Who knows what it will mean for the long term...we will have to see.
I think it is a fun time to be building creative tools and for me and the team at Play, we're pretty energized by this news and are excited to keep building!
Figma was tapping into the core Adobe, it's usual for settings as such. Figma team and employees get a great pay-off for the effort, while, Adobe gets to improve their marketshare in the longer run.
Big companies usually try to buy competitors to remain relevant or chase them with copying features. If you look at the past, most fail. If Figma is truly left alone, then it has a chance. If not, then it opens the doors to another new startup coming in and winning the hearts of designers. Can't blame Figma though for jumping at a deal like that!
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