Adobe buying Figma: why $20bn, and why now?

The biggest “shock” deal in town of 2022. It has been reported that Adobe is to acquire Figma for a whooping $20bn (cash & stock). So why would Adobe make this move now? $20bn is about 50x Figma’s current revenue. Why “overpay” for something in the market where all stocks are trending down? Here isContinue reading “Adobe buying Figma: why $20bn, and why now?”