HomeNews & updatesBriefing: Adobe Buying Design Software Maker Figma for $20 Billion - The...

Briefing: Adobe Buying Design Software Maker Figma for $20 Billion – The Information

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Adobe said it is buying Figma, a design software maker, for $20 billion in a mix of cash and stock, expanding the array of tools Adobe offers creative professionals in marketing and other fields. Figma is a 10-year old company which serves marketers, developers and designers, Adobe said. Figma said it would finish the year with $400 million in annual recurring revenue, and positive operating…
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