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Adobe to acquire Figma for $20B

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Re: Adobe to acquire Figma for $20B

#552

According to the FTC the law states that mergers are illegal when the effect "may be substantially to lessen competition or to tend to create a monopoly." Pretty positive this would lessen competition in design software and restablish Adobe as a monopoly. This merger should be blocked. https://www.ftc.gov/advice-guidance/competition-guidance/gui...

Considering the instant response on HN was to upvote the open source competition and the fact many people are probably going to leave to go to a competitor because they hate Adobe. It probably doesn't lessen competition but increases it since a lot of competitors are getting sign ups right now.

Re: Adobe to acquire Figma for $20B

#553
post #486
post #379

This is probably the only tech acquisition that's ever made me sad. I just hate Adobe so much. The nightmare of their installer, the weird store with horrible designs popping up when you activate normal ui stuff, the difficulty in canceling a subscription, and the stasis in their product and ui. Oh and the sloppiness of Lightroom on mac with it's weird ui and that it didn't even import and manage photos well. I've be…

They ruined Macromedia as well. Fireworks was a fantastic hybrid vector/bitmap editing tool perfect for web work.

This was already basically Sketch years and years before Sketch even existed. They killed it because Adobe as a company has a complete lack of vision and even understanding of the tools they own.

Re: Adobe to acquire Figma for $20B

#554
post #379

This is probably the only tech acquisition that's ever made me sad. I just hate Adobe so much. The nightmare of their installer, the weird store with horrible designs popping up when you activate normal ui stuff, the difficulty in canceling a subscription, and the stasis in their product and ui. Oh and the sloppiness of Lightroom on mac with it's weird ui and that it didn't even import and manage photos well. I've be…

I can't think of any other company to which my relationship as a customer has swung so completely as Adobe. In the 2000s, their tools were unsurpassed, and I was happy to pay the premium prices they asked (though I'd skip versions to save money). When Creative Suite was discontinued, that was a pretty abrupt turn, as I had no interest in a subscription for software I only used for personal projects. And yet, I stayed…

> discovered it had gone subscription-only as well, meaning my entire photo library would now be trapped on my old laptop unless I paid a monthly fee forever.

I empathize, but isn't all this the reason they would fork out so much for figma?

I mean, people hated them for going subscription with the tools that used to be desktop, but they absolutely adore figma that has never been anything but subscription. It's confusing psychology at play here...

Re: Adobe to acquire Figma for $20B

#555
post #379

This is probably the only tech acquisition that's ever made me sad. I just hate Adobe so much. The nightmare of their installer, the weird store with horrible designs popping up when you activate normal ui stuff, the difficulty in canceling a subscription, and the stasis in their product and ui. Oh and the sloppiness of Lightroom on mac with it's weird ui and that it didn't even import and manage photos well. I've be…

Our university subscribes to Adobe Products Suit- when all of their functionality can be replicated with FOSS. They sent out a survey about this before they started the subscription and I answered negatively to that, to no avail. So that's where our tuition/grant/loan/savings money are going.

Unless some stuff has changed in the past few years gimp is not a suitable replacement for adobes products.

Re: Adobe to acquire Figma for $20B

#556
Since this is a thread of Adobe and some people might know this:

In the late 80s and 90s many of the window managers were based on PostScript. Sun News was an extension of PostScript and Next was based on Display PostScript.

How did licensing work back then. Could Sun have OpenSource News? I mean it did implement PostScript but my understanding is they were not using actual Adobe code.

Re: Adobe to acquire Figma for $20B

#557
post #169

And now all of the Figma users are saying "Oh [crap]... now I need to find a new tool to use." When is the last time Adobe acquired something and it improved? They destroyed Fireworks and Dreamweaver when they acquired Macromedia (which they only did because they wanted Flash). At this point I'm tempted to swear off Adobe products entirely -- except that the combo of Lightroom and Photoshop are the industry standard…

They have continued to let frame.io flourish since they bought them. I wonder if this will follow a similar model. Let's hope.

Re: Adobe to acquire Figma for $20B

#558
post #379

This is probably the only tech acquisition that's ever made me sad. I just hate Adobe so much. The nightmare of their installer, the weird store with horrible designs popping up when you activate normal ui stuff, the difficulty in canceling a subscription, and the stasis in their product and ui. Oh and the sloppiness of Lightroom on mac with it's weird ui and that it didn't even import and manage photos well. I've be…

I can't think of any other company to which my relationship as a customer has swung so completely as Adobe. In the 2000s, their tools were unsurpassed, and I was happy to pay the premium prices they asked (though I'd skip versions to save money). When Creative Suite was discontinued, that was a pretty abrupt turn, as I had no interest in a subscription for software I only used for personal projects. And yet, I stayed…

I feel this in my very soul. Adobe used to be so cool and I loved the maturity and capability of their products.

Then subscription subsistence reigned supreme and now I avoid Adobe products like the plague.

Happily using DxO PhotoLab while I continue to avoid a Lightroom subscription.

Re: Adobe to acquire Figma for $20B

#560
post #379

This is probably the only tech acquisition that's ever made me sad. I just hate Adobe so much. The nightmare of their installer, the weird store with horrible designs popping up when you activate normal ui stuff, the difficulty in canceling a subscription, and the stasis in their product and ui. Oh and the sloppiness of Lightroom on mac with it's weird ui and that it didn't even import and manage photos well. I've be…

Well if it's any consolation the market also feels sad about this [0]. ADBE is down 15% as of this writing.

My guess is because, given the current market, you don't really need to spent money acquiring potential competitors. As rate hikes continue (and likely will for the foreseeable future) I suspect many of the non-ipo's non-profitable startups will just die on the vine. No reason to spend $20 Billion to make sure they're not a threat, this isn't 2018.

0.https://finance.yahoo.com/quote/ADBE

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