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Adobe to acquire online design startup Figma for $20 billion
short by Anmol Sharma / on Thursday, 15 September, 2022
Adobe has announced that it'll acquire online design startup Figma for $20 billion in cash and stock. Figma, founded in 2012, creates cloud-based design software that allows teams to collaborate in real time. "Approximately 6 million additional restricted stock units will be granted to Figma's CEO and employees that will vest over four years subsequent to closing," Adobe said.
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