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…
Adobe to acquire Figma for $20B
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Re: Adobe to acquire Figma for $20B
#592Surprised to see all the "hate" for Adobe. They provide an awesome suite of products only $55 per month. I've had nothing but good experiences with them. Is it wrong to pay for software when you get a truckload of value out of it? No other creative software even comes close.
Re: Adobe to acquire Figma for $20B
#593Earlier quoted context omitted.
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…
> their tools were unsurpassed Why the past tense? Which tools have been surpassed? Have Photoshop been surpassed? I am genuinely curious here. I take note of Capture One, but is it an "acceptable yet technically inferior alternative that I picked because I don't agree with Adobe business practices" (which I think is a valid reason) or a viable alternative even for someone who doesn't have a problem dealing with Adob…
It's basically Coke versus Pepsi.
Re: Adobe to acquire Figma for $20B
#594This 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…
Re: Adobe to acquire Figma for $20B
#595Earlier quoted context omitted.
> So smart for both Adobe The market aggressively disagrees with this assessment.
How can you tell what the market thinks about this decision when a company's stock price is a function of what is happening publicly at the company AND externally in the economy? How do you separate the 2 drivers?
Most correlated with ADBE (all have > 0.8 correlation) that I see with there price change today are:
ANSS (-0.77%)
INTU (-1.94%)
CRM (-1.73%)
MSFT (-1.77%)
ADSK (-2.61%)
As you can see none of these stocks are experiencing anywhere near the drop today that ADBE is, so you can pretty reasonably explain the drop as company specific.
Re: Adobe to acquire Figma for $20B
#596Since 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
#597My heart plummeted when I read this headline. I've done UI design work in some capacity for 18 years, and have always dreamed of design software with the thoughtful UI and features of Figma. When I realized Figma was that software, it was like experiencing a miracle. Software like this doesn't exist . It was the first design software I paid for (yes, in 18 years). And now it's going to die. I almost feel like crying.
I don't think Figma is going to die. It'll be bundled as part of the Creative Suite. It'll add buttons to quickly export your designs to PhotoShop or Illustrator or whatever. It'll probably get slower and clunkier. Not death, just... Adobe.
I can promise you it wont. None of their recent acquisitions have. Allegorithmic Substance is extra money on top of CC now they've bought it. Figma will probably remain an extra subscription too.
Re: Adobe to acquire Figma for $20B
#598Re: Adobe to acquire Figma for $20B
#599According 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...