https://techcrunch.com/2022/09/15/how-about-that-20b-figma-adobe-deal/

Bloomberg reported this morning that Adobe was getting close to buying Figma, a former startup and private-market unicorn in the design space, for around $20 billion. The Photoshop-maker then confirmed the deal with a release and a short investor presentation. TechCrunch’s coverage of the announcement is here.

Shares of Adobe were off more than 15% following the news.