Adobe Acquires Figma for $20 billion

Adobe is buying Pigma, suggesting it will soon be available on their Creative Suite.

Adobe has announced the purchase of Figma worth $20 billion. This deal consists of a cash and stock payment to build web and applications.

One major thing that Adobe has done is create software for design, including Photoshop and Lightroom. These are tools that many designers can use for various purposes. Alongside these programs, the company also created its own design program called Adobe XD.

Adobe’s purchase of Figma and XD gives us consolidation in the design field. In addition, Adobe increases its opportunities in expanding the rapidly growing market.

Adobe may be looking at making Figma part of its Creative Suite, but for now, it will continue to operate independently with the founder of Pigma, Dylan Field, as CEO.