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Adobe is buying Figma for $20 billion – but not everyone thinks that’s a good idea

September 20, 2022

Via: TechRadar

Adobe has announced its intentions to buy online collaboration tool Figma for $20 billion.

The half-cash/half-stock deal, which has yet to be finalized, is a bold move from the company behind leading creative apps Photoshop and Premiere Pro – and will be Adobe’s largest acquisition yet.

But the shock announcement saw the firm’s stock tumble, with investors seemingly punishing the firm for the high price tag.

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