In cases like this I always wonder, what stops another startup from basically just spinning up a figma clone from scratch?
Adobe to acquire Figma for $20B
241–250 of 1001 posts
Re: Adobe to acquire Figma for $20B
#242I don't understand how this acquisition is not anti-competitive behavior. It was such a joy to see Figma's growth and technical innovation, and now it will just get eaten by the established power. https://en.wikipedia.org/wiki/Adobe_Inc.#Anti-competitive_pr...
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Re: Adobe to acquire Figma for $20B
#243Many years ago, when Adobe bought Macromedia, they acquired a tool called Fireworks[1]. This was a combined bitmap and vector editor that was incredibly well-optimised for user-interface and web design, at a time when most designers were paying exorbitant license fees to do such work painfully and slowly in Photoshop and Illustrator. Fireworks was cheap, powerful, and hugely ahead of its time. Many of the features an…
In case people are too young to remember, Macromedia was well on its way to matching Adobe's application suite – except Macromedia apps had far better UX, better performance, and better integration with the web. There's a good case that Adobe would no longer exist today had Adobe not acquired Macromedia.
>except Macromedia apps had far better UX, better performance, and better integration with the web
Lest we only remember the roses smelling side, Macromedia also made the pile of crap called Flash.
And Both Fireworks and Dreamweaver had their fair share of bugs under Macromedia too.
Re: Adobe to acquire Figma for $20B
#244Many years ago, when Adobe bought Macromedia, they acquired a tool called Fireworks[1]. This was a combined bitmap and vector editor that was incredibly well-optimised for user-interface and web design, at a time when most designers were paying exorbitant license fees to do such work painfully and slowly in Photoshop and Illustrator. Fireworks was cheap, powerful, and hugely ahead of its time. Many of the features an…
These tools aren't interchangeable. Photoshop is for editing images. Illustrator is for editing vector graphics.
Figma is a multiplayer layout tool, which can be used for web, print, or anything else. The main use cases for enterprise are a) it's web-accessible, and b) the realtime collaboration/revision/commenting tools.
The smart thing would be to just sunset Adobe XD and replace it with Adobe Figma.
Re: Adobe to acquire Figma for $20B
#245Earlier quoted context omitted.
I actually think we need new antitrust laws that are a bit more proactive when it comes to super-massive companies like Adobe. Such companies have learned to be much more cunning when it comes to get around existing laws, and plus they have much more money than ever.
No, we just need to fund the SEC and FTC and let them do their job. We also need to enforce consumer protection not simply maximize shareholder value.
Doesn't current laws require harm to competition to have already been made in order for them to enforce anything?
So Adobe acquiring Figma isn't unlawful, until it is proven to have a bad effect on consumers.
I think what parent is saying, is that we should adjust laws to be more pro-active, that if there is a possibility/high-risk of the acquisition to have a bad effect on consumers, it should maybe be considered a bit more than usual.
Re: Adobe to acquire Figma for $20B
#246Adobe is a disgusting company. I remember they charged me $150 just to be able to cancel my fucking accidental subscription to their awful creative cloud.
R.I.P Figma
Re: Adobe to acquire Figma for $20B
#247With Figma's memory and performance issues lately, it feels like Adobe bought them a year ago.
Re: Adobe to acquire Figma for $20B
#248How can a 15B$ Revenue company can buy 20B$ company ?
companies never buy with straight revenue. first it's half stock, so that becomes 10. second adobe had about $5b cash on its balance sheet. third they may have issued commercial paper or bonds to finance it, not in front of a bloomberg atm so i can't check issuances but it's pretty likely.
Re: Adobe to acquire Figma for $20B
#249Adobe can't eat penpot! https://github.com/penpot/penpot https://penpot.app/ https://help.penpot.app/technical-guide/getting-started/#sta...
Cloud features are critical in an enterprise setting The UX in my org share all the figma designs through figma cloud, I can quickly provide feedback and this is important! All designs are stored in the cloud, I can quickly go back and refer them when necessary. I am not sure if the open source solution provides all these features yet, but a new startup can provide these.
Penpot is also hosted on machines not run by you, as demonstrated by https://penpot.app/ so not sure what you're arguing against.
Re: Adobe to acquire Figma for $20B
#250It’s a shame that the competition authorities don’t seem to have any interest in these type of acquisitions which destroys competition and harms consumers. Same thing happened with Architecture software eg when Autocad bought Revit - end result is extortionately priced software that many architects cannot afford because they are paid so poorly. Same will happen for graphic designers.
Yeah, i don't get this. Seems like textbook anti-competitive behavior to me. Doesn't Adobe already have their own version of Figma (XD)?