ai-generated-models

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figma

A New Collaboration with Adobe | Figma Blog (opens in new tab)

Figma announced in September 2022 that Adobe would acquire it, presenting the deal as a way to accelerate Figma’s mission of making design and development more collaborative and accessible. Figma said it would remain operationally autonomous, with Dylan Field continuing as CEO and the product, culture, pricing, and education offerings largely unchanged. However, the proposed acquisition was ultimately abandoned in December 2023 after the companies concluded they could not obtain regulatory approval. ## Strategic Opportunity - Adobe’s technology, expertise, and resources were expected to accelerate Figma’s growth and innovation. - Figma highlighted potential access to Adobe capabilities in: - Imaging and photography - Illustration and video - 3D tools - Font technology - The companies also planned to explore new creative tools built on Figma’s collaborative technology. ## Figma’s Continued Autonomy - Adobe committed to keeping Figma operationally independent. - Dylan Field would remain CEO and report to Adobe executive David Wadhwani. - The entire Figma team would continue reporting through Field. - Figma said it would keep prioritizing its community, culture, and existing business practices. ## Product and Community Plans - Figma intended to continue improving: - Figma Design - FigJam - The Figma community platform - The company planned to expand into new areas while considering whether new capabilities should become separate products or be integrated into existing tools. - The Friends of Figma program would continue supporting local communities. - Figma said it had no plans to change pricing in the near term. - Figma’s education offering would remain free, with Adobe supporting efforts to grow the global population of designers, developers, and creatives. ## Broader Responsibility - Field described the acquisition as an opportunity to help build the next generation of creative tools. - He connected that responsibility to the rise of AI-generated content and growing questions about the role of human creativity. - He also reflected on Adobe’s influence in his own creative development and expressed optimism about working with the company. ## Final Outcome - The announcement was subject to regulatory, shareholder, and other closing conditions. - On December 18, 2023, Figma and Adobe ended the proposed acquisition because they no longer saw a viable path toward regulatory approval.