Adobe Inc. is a tech-based company that operates in the provision of digital marketing and media solutions. In a deal dated September 15, 2022, Adobe announced to acquire Figma, a design platform for ...
Tag: Figma
ADBE Stock Falls As Figma Deal Faces Antitrust Lawsuit
Adobe (ADBE) stock fell Friday on news that the U.S. Department of Justice plans to block the software giant’s $20 billion acquisition of Figma. ADBE stock dropped more than 7%. X Bloomberg repo...
DOJ Reportedly Planning To Sue Adobe Over Figma Acquisition
Topline The Justice Department is planning to file an antitrust lawsuit against Adobe seeking to block its $20 billion acquisition of digital design startup Figma, Bloomberg reported Thursday, in the ...
How Does Adobe Make Money In 2022?
| Getty Images Key Takeaways Adobe’s stock crashed after the company announced a $20 billion acquisition of rising creative software rival Figma. Adobe announced record revenue for the third quarter a...
Why Adobe Wants Figma and Why Some Investors Are Worried
Sept. 18, 2022 10:00 am ET Listen to article (2 minutes) Adobe the low-key maker of digital tools to create PDFs and edit photos, pleased investors by reinventing itself as a subscription-software bus...
Adobe Stock Plunges 17% on Thursday Following Figma Acquisition Announcement
Adobe stock fell to a 12-year low following news that it is acquiring Figma, and also amid its recent fiscal Q3 report. Adobe stock recently plunged following reports that the multinational computer s...
Adobe to Acquire Figma in Merger That Might Boost Visual NFT Initiatives
Adobe, a creative design software company, has announced an acquisition of Figma, an web design application, for $20 billion, in an attempt to take on its biggest rival. Adobe plans to merge some of t...
Opinion: Adobe’s stock got slammed for spending $20 billion on Figma. But it now owns a rare company.
Adobe beat revenue and profit expectations, and on the same day announced it would acquire a smaller but faster-growing rival in online design-collaboration tools. The stock market rewarded the compan...