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    • Figma opens first India office in Bengaluru, to hire local talent

      India is Figma’s largest market outside the United States in terms of users. The design software maker stated that over 40 percent of the top BSE100 companies are its customers.

    • Adobe, Figma to terminate $20 billion deal over regulatory hurdles

      Adobe, which struck the deal in September last year, has forecast its annual and quarterly revenue below estimates as tightened client spending remains a drag on its business.

    • Adobe's deal to acquire Figma under threat from EU regulators

      European antitrust regulators are preparing to launch a formal investigation into Adobe's $20 billion deal to buy rival Figma later this year, the Financial Times reported on Tuesday citing four people with direct knowledge of the move.

    • US preparing antitrust suit to block Adobe plan to buy Figma

      The lawsuit could come as early as next month, Bloomberg reported.

    • Figma co-founder Dylan Field: Ivy League dropout on his way to become a billionaire

      Dylan Field's Figma is set to be acquired by rival Adobe for $20 billion.

    • Adobe to acquire Figma in $20 billion deal. Cue the memes

      With this $20 billion cash and stock deal, Adobe will acquire one of its fastest-growing rivals Figma.

    • Adobe’s Figma deal takes share price to lowest since April 2020

      Turns out the price is still high even for some one-time Adobe bulls, while news it’s about shell out $20 billion to buy software company Figma Inc. is not helping either, with analysts opining that the deal seems “extremely expensive.”

    • Figma’s record-breaking sale to Adobe delivers billions to top VCs

      On Thursday, Adobe Inc. said it will buy Figma in a deal valued at about $20 billion — the largest exit of a VC-backed company in at least 20 years, according to PitchBook data. Field, 30, is now of legal drinking age in the US, and both he and Rimer stand to make a lot of money from the sale.

    • Adobe agrees to buy Figma in $20 billion software deal

      Figma, which allows customers to collaborate on software as they build it, saw demand jump during the pandemic while more people worked remotely.

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