Adobe - Figma deal

Design firm Figma will be purchased by Adobe for $20 billion.

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For nearly $20 billion, Adobe has agreed to purchase Palo Alto, a California-based producer of in-browser interface design platforms.

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This will be the privately owned software company's biggest purchase to date.

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An equal distribution of cash and equity is used in the deal's structure.

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5

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Figma didn't have a formal auction and didn't look for more private finance.

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7

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