For all the excitement around the AI boom, the IPO market has been relatively quiet in recent years. In fact, the only major ...

Shares plunge 5.4% to 52-week low after Oppenheimer downgrade. AI competition from Canva, Figma concerns analysts. Down 24% ...

Adobe is spending $20 billion to acquire the collaborative design platform Figma, the companies announced Thursday. The deal, comprised of approximately half cash and half stock, is expected to close ...

Big news in the world of digital creative technology: Adobe today announced that it would acquire Figma for $20 billion, taking out one of its biggest rivals in the realm of digital design. Those Q3 ...

Software giant Adobe will pay $20 billion to buy Figma, a web-based collaborative design platform, in what would be Adobe’s biggest-ever acquisition. The $20 billion price tag is about half cash and ...

Figma went public at $33 last July and currently trades at approximately $37. UiPath went public at $56 in April 2021, but it ...

Nevertheless, its acquisition of Weavy is a strong addition to the company's AI strategy, contributing to Figma's ability to ...

Figma’s cofounder and some employees are set to make billions more in a historic retention package following its acquisition by the software giant. Adobe caused a stir on Wall Street and in Silicon ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) announced it has entered into a definitive merger agreement to acquire Figma, a leading web-first collaborative design platform, for ...

When Adobe announced its $20 billion bid for Figma, the design community was immediately concerned. Many worry the deal puts the beloved platform's accessible pricing and passionate community at risk.

Posts from this topic will be added to your daily email digest and your homepage feed. is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at ...