Add Yahoo as a preferred source to see more of our stories on Google. Software giant Adobe will pay $20 billion to buy Figma, a web-based collaborative design platform, in what would be Adobe’s ...

One of last year's can't-miss names has gone down in flames ever since its market debut.

Adobe said Thursday it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock. The company also reported earnings for its fiscal third quarter. Adobe shares had ...

Figma generated 41% revenue growth in its most recent quarter, and its low-cost design software gives consumers a viable alternative to higher-priced options. Adobe is a leading company in design ...

Adobe is spending $20 billion to acquire the collaborative design platform Figma, the companies announced Thursday. The deal, comprised of approximately half cash and half stock, is expected to close ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) announced it has entered into a definitive merger agreement to acquire Figma, a leading web-first collaborative design platform, for ...

Posts from this topic will be added to your daily email digest and your homepage feed. is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at ...

Dylan Field, co-founder and chief executive officer of Figma Inc., in San Francisco, California, U.S., on Thursday, June 24, 2021. Software design company Figma has raised fresh funding at a valuation ...

When Adobe announced it was buying Figma for $20 billion earlier this month, the news was a bombshell. But what stunned a lot of people wasn’t just the truckload of money — it was that a company whose ...

Figma (NYSE: FIG) and Adobe (NASDAQ: ADBE) could have been one large company if not for a failed acquisition attempt a couple of years ago. Adobe recognized the potential that Figma possessed and ...