The future of graphic design lies in offering users and professionals more possibilities to collaborate on the web. That is what we can deduce from the latest movements that we are seeing in the market, such as the investment of no less than 20,000 million dollars that Adobe has just made to acquire Figma.
Founded in 2012 by Dylan Field and Evan Wallace in 2012, the company is one of the pioneers in the design of products on the web, making it easier for web, mobile application and graphic design designers to be “inspired”, collaborate and increase their productivity. The popularity of the company (like that of others such as Canvas) has skyrocketed as a result of the pandemic and it is said that in large companies such as Microsoft, its use is almost as widespread as that of the Office products themselves.
As highlighted by the developer of iconic products such as Photoshop or Indesign, «together, Adobe and Figma will reimagine the future of creativity and productivity, accelerate creativity on the web, advance product design and inspire global communities. of creators, designers and developers.
In a statement they have assured that the combined company will have a “massive and fast-growing market opportunity and capabilities to drive significant value for customers, shareholders and the industry.”
Under the definitive agreement, Adobe has agreed to acquire Figma for approximately $20 billion, comprised of about half in cash and half in stock.
Following regulatory clearance, the transaction is expected to close in 2023. Following the closing of the transaction, Dylan Field, co-founder and CEO of Figma, will continue to lead the Figma team, reporting to David Wadhwani, president of the business. of Adobe digital media. Until the closing of the purchase, each company will continue to operate independently.
