Adobe announced Thursday that it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock. Shares of Adobe sank 17%, their biggest plunge since 2010. Figma, founded ...

Adobe tried to buy Figma for $20 billion in 2022, but regulators blocked the deal. The start-up is growing rapidly and delivering a proift. The future looks bright for Figma. After dealing with the ...

Figma (NYSE: FIG) went public last month, and many investors were eager to buy it right away. The company provides software for design and website creation. It's ideal for collaborating on projects.

Sometimes acquisitions are a great strategy for growth—and sometimes they are not. In the case of Figma, a collaboration tool for product and UX designers, not being acquired has worked out just fine.

Both companies are betting AI can boost their software businesses.

Adobe tried to buy Figma for $20 billion in 2022, but regulators blocked the deal. The start-up is growing rapidly and delivering a proift. The future looks bright for Figma. 10 stocks we like better ...

Figma (NASDAQ: FIG) is set to go public on July 30. For the design software star, the public offering represents a long and winding path since Adobe's (NASDAQ: ADBE) $20 billion acquisition of the ...