In a recent announcement, Adobe said it would acquire Figma, the design software firm. For $20 billion in cash and stock. Adobe is reportedly letting Figma operate autonomously for now, and Figma is to run the same as before.
Adobe's Chairperson and CEO, Shantanu Narayen, says, "Adobe's greatness has been constructed on our capacity to create new categories and supply modern technology via natural innovation and inorganic acquisitions. Adobe and Figma's collaboration is transformative, and it'll boost up our vision of collaborative creativity".
For years, Adobe is changing the world with its revolutionary innovations. Adobe continues to invent and reshape categories. From a new paradigm of creativity with Photoshop. To transforming electronic documents through PDF. And internet-based marketing with Adobe Experience Cloud.
It’s likely Adobe will incorporate features from other products—photography, illustration, and video technology—into Figma.
"We could re-explore product design in the browser with Adobe's incredible expertise, particularly in 3D, video, and imaging. We can also build new tools and spaces to allow customers to make the complete process faster and simpler, "said Dylan Field, co-founder and CEO of Figma.