ADOBE acquires FIGMA !!!

ADOBE acquires FIGMA !!!

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2 min read

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As per the information received, Adobe has acquired Figma, which is said to be a new era of collaborative creativity, as detailed on their official news page.

Adobe news

Adobe turns out to be one of the largest software companies.

Adobe Vs Figma

Figma and Adobe both offer web design tools, but Figma has more free features currently.

Figma sells its core product using a freemium model, with the free 'Starter' plan being free for up to three editors.

In Adobe XD, you design in one place but share in another. Changes from different co-editors need to be merged manually.

Figma is Web-based, so your design file is a Web link, a kind of collaborative space for your entire team.

Figma is mostly used by medium-level companies compared to Adobe XD right now.

I'm not sure in the future, this may make the usage of Figma also expensive.

Usually, when an acquisition occurs, some pros and cons may occur.

Pros

  • Global exposure
  • Market dominance
  • New skills and resources
  • Expertise is available
  • Capital availability
  • New perspectives and ideas

Among these, some are also mentioned by Adobe when defining their acquisition of Figma.

Cons

  • Cultural clashes between two companies
  • Job losses or an increase in unemployment
  • Employee morale may suffer
  • Conflicts between company objectives
  • Product establishment difficulties compared to previous approaches

The above facts purely depend on how things proceed in the upcoming months.

Adobe has already acquired more than 15 companies, so the pros and cons of things would be definitely looked up by them and handled properly.

In this technological world, there is always something which comes as a replacement for another as the era changes.

So let's hope for the best. If you have any thoughts as a developer on adobe acquiring figma feel free to drop below ๐Ÿ‘‡

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