Stock Spotlight: Adobe's acquisition plans 'smacks of a sense of desperation'

$20bn price tag for Figma

Elliot Gulliver-Needham
clock • 4 min read

Adobe revealed its $20bn plan to acquire interface design tool Figma last Thursday (15 September), along with its quarterly earnings report that showed record revenues of $4.4bn for the firm, however investors were unimpressed.

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