Adobe’s Acquisition of Figma at a Record Valuation for a Private Software Company

Adobe Inc., the software colossus, has announced its intention to acquire UI/UX leader, Figma Inc., in a staggering $20B deal, marking the largest buyout of a private software company to date. This strategic acquisition will position Adobe at the pinnacle of the collaborative-design software market, potentially boasting nearly 70% market share. However, the merger has…


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