 "Adobe")
Adobe Inc will buy startup Figma for about $20 billion in its biggest deal, the Photoshop maker said on Thursday, bulking up on applications that support online collaboration amid a global shift to hybrid working.
The cash-and-stock deal will give Adobe ownership of a company whose online collaborative platform for designs and brainstorming is used by firms ranging from Zoom Video Communications to AirBnB and Coinbase.
"The combination of Adobe and Figma is transformational and will accelerate our vision for collaborative creativity," Adobe Chief Executive Shantanu Narayen said in a statement.
Adobe has sharpened its focus on the collaboration tools space in
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