Adobe Acquired Figma

Discussion in 'General Chat' started by Sumit_Singh, Sep 19, 2022.

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  1. #1
    Adobe gets into a $20 billion deal to acquire Figma. This merger agreement consolidates creative app power in one location.

    Thoughts?
     
    Sumit_Singh, Sep 19, 2022 IP
  2. Seseadrian

    Seseadrian Greenhorn

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    #2
    and their shares dropped 17% ... I don't think is a god sign for them even if is a Bear Market
     
    Seseadrian, Sep 27, 2022 IP
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  3. MargoFarrel

    MargoFarrel Member

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    #3
    Figma may add less than 2% to Adobe’s sales growth rate, and will likely decrease margins. Adobe expects the cash consideration to be financed through cash on hand and, if necessary, a term loan.
     
    MargoFarrel, Sep 28, 2022 IP
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