Adobe is buying figma

Adobe has announced that it will acquire collaborative design platform Figma for nearly $20 billion.

Dylan Field and Evan Wallace started working on Figma in 2012. Today, the app is popular with designers and developers and can be considered a competitor to Adobe XD which is a similar design tool for web and mobile apps.

Adobe believes that the combination of Adobe and Figma will push to a new era of co-creation.

The transaction is expected to close in 2023. Dylan Field will then continue to lead the Figma team, reporting to David Wadwani, President of Digital Media Business at Adobe.

You can see more detail here at Adobe news website.




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