One of the largest software companies in the world Adobe, It acquired Figma in 2022 had announced.
“With the great financial power it has, it is on its way to becoming a great monopoly in the design world.” is one of the names in which the phrase “” is frequently used. Adobe, made a lot of noise when it acquired the common design platform Figma. For the process as stated in the first purchase The company signed a 20 billion dollar agreement. Although a long time has passed, it has not fully closed or completed the acquisition of Figma. For example, today the Competition and Markets Authority (CMA) in the United Kingdom announced a decision stating that this acquisition would harm the market and consumers. The institution, which reached a temporary decision on this issue, put a major obstacle in Adobe’s complete completion of the acquisition. The review by the CMA reveals that around 80 per cent of the professional design market in the UK uses Figma, with the deal thought to be a net detriment to innovation in the field. In this regard, CMA stated that the acquisition of Figma will eliminate competition between the two main players in the design software space and therefore will reduce innovation and the development of competitive new products. It is possible that the purchase will be canceled based on the CMA decision, but this will not happen immediately.
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The company about the process when they first made the purchase, “Together, Adobe and Figma will reimagine the future of creativity and productivity, accelerating creativity on the web, advancing product design, and inspiring global communities of designers and developers.” He passed his explanation.
Founded 10 years ago by Dylan Field and Evan Wallace figma, It is very well known in the design world and is actively used by a large audience. It is very useful for joint design work and is therefore highly preferred. figmais among the frequently used options in the field of interface design and mobile applications.
One of the biggest competitors of Figma, which offers great convenience in creating design prototypes and works in the browser with its simple operating logic, is Figma, which was released in 2015. Adobe It had been implemented.