Adobe is about to close the deal to acquire Figma for $20 billion. That would be the largest purchase of a private software company in history for now.
There are fears that Adobe would change Figma’s business model, increase prices or cancel free access for students.
However, Dylan Field, in his blog post, dispelled these rumors, writing that “Adobe is deeply committed to keeping Figma operating autonomously.” He also said he would continue to serve as CEO of Figma but would be reporting to David Wandhwani.
But Field would be the one the entire Figma team would keep reporting to, so it would look like Wandhwani would be a supervisor that would control Figma’s operations in general.
This blog post refutes rumors that Adobe wanted to buy Figma to use its developments as part of Creative Cloud software, primarily referring to the collaborative community and some services.
Most likely, Figma will remain standalone, and some of the features from Adobe Creative Cloud products will appear on the platform.
Buying Figma fits into Adobe’s strategy of recent years. Thus, the company bought the video collaboration platform Frame.io in 2021 and is developing web-based tools with offerings like Creative Cloud Express.