zlacker

I bet Adobe would like to back out of the deal too, they paid an extreme premium before tech took a general nosedive. I doubt Figma is worth $20 billion in todays climate.

>>azemet+(OP)
Maybe not on its own, but it is worth that much to Adobe because it threatens their core business.

>>azemet+(OP)
> I bet Adobe would like to back out of the deal too

They don't, they already killed their Adobe Xd[0]. Even if it was still around, it was in a different league.

So they very much betting on the deal, they don't want to be out of the UI/UX space entirely.

[0] - The Silent End of Adobe XD: >>36637055

>>paxys+G4
Yeah, I saw this move as a general protective manoeuvre rather than an acquisition intended to become a cash cow in and of itself. Figma is remarkably useful and capable. Over the years I've found myself leaning on it more and more for things I didn't really expect to.

>>_xivi+n7
Interesting! I missed that last time around.

I do wonder how Adobe will fare with empowered governments in the EU, UK, and US that want to thwart these types of acquisitions for big tech. Frankly I hope they succeed too. Mergers are not good for competitive markets and Adobe nearly owning every tool out their in the design space is extremely bad.