Adobe to Acquire Web Design Platform Figma for $20B

The $20 billion deal would bring one of Adobe's biggest web design competitors into its fold.

April 15, 2025 · 1 min · 49 words · Christopher Pena

Adobe touted Figma’s widely used collaborative design tools in its announcement.

Figma had been the strongest competitor for Adobe’s own web design tool, Adobe XD.

Figma will continue to be free for educational uses.

The transaction is expected to close in 2023, pending approval from regulators and Figma’s shareholders.