Adobe acquires Figma
figma.com
figma.com
I assume bloomberg.com will update that article now that the news is confirmed.
Well deserved lesson for those that decided to support a cloud product instead of an offline tool.
Is AI generated design really much of a thing?
That’s a very strange little comment about AI models tacked on the end. I suppose stable diffusion has been very visible lately, but for a heavily manicured corporate blog, it’s an odd touch.
Penpot? https://penpot.app/
But yeah, I dabbled a bit with Affinity Designer. It is quite focused on the "PageMaker" side of things, i.e. not for medium to large documents (IIRC still no support for footnotes, multi-column mode being a bit manual etc.)
What an 'incredible journey' for Figma.
Let's be optimistic here. There are alternatives (Penpot) for the rest.
They now have cachet/reputation, and deeper pockets, and can easily start up and get funding for anything they might want to do.
Just making a slow, healthy profit with a company might not be enough for them.
It takes a lot of energy (to wade through the ups-and-downs) as even running a co in a "profitable" situation isn't always as rosy as one hopes it to be. There are lawsuits, internal politics, competitive drama, etc.
Cashing out allows one to regain some headspace, take care of family or address other personal matters that need attention (or have been inducing some strain) and finance the next idea that one may have had on their minds.
Furthermore, things tend to get more corporate-ish as orgs grow because more structure is needed/required and this may not fit every personality type very well, so I guess builders will do themselves a service to hop out once the train shifts into a different gear to allow folks that are better at that game to take it from there.
Just hope that Adobe doesn't end up ruining things because I feel that is usually the issue with acquisitions. The buyer just dulls things down or they actively kill to push one of their overlapping overrings.