Adobe to Acquire Figma for $20B

The deal is part of Adobe’s push to expand its tools for virtual collaboration, design and remote production

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Adobe has entered into a definitive merger agreement to acquire Figma

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The deal is part of Adobe’s ongoing push to expand its tools for creative collaboration and builds on previous acquisitions

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Adobe’s greatness has been rooted in our ability to create new categories and deliver cutting-edge technologies through organic innovation and inorganic acquisitions

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David Wagner, portfolio manager and equity analyst at Aptus Capital Advisors, which owns a 1.5% stake in Adobe

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