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Adobe to Acquire Figma for $20B in cash and stock

Adobe bought Figma for $20 Billion in half cash and half share and wiped out its biggest competitors...

...also $6mm will be allocated for restricted stock for Figma CEO and their employee

Figma CEO  stated that our vision was to “eliminate the gap between imagination and reality"

This deal might get close in 2023 and still it led by Figma Co-Founder & Chief Executive Dylan Field

If they scrap the deal then they need to pay $1billion to company

Adobe has commited to Figma working independetly and Figam CEO will now report to Adobe President David Wadhwani

Dylan Field is supposed to remain in Figma and drive its business for now.