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Adobe to acquire Figma for $20B

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Re: Adobe to acquire Figma for $20B

#771

Post by brikwerk »

rchaud wrote: post #266

For those interested in non-subscription, one-time payment alternatives, there are a few options: 1. Figma replacement - Sketch (1yr fee, updates optional, MacOS only) 2. Adobe Photoshop - Affinity Photo (Win/Mac) 3. Adobe Illustrator - Affinity Designer (Win/Mac) 4. Adobe InDesign - Affinity Publisher (Win/Mac) (I use this to create my indie magazine) 5. Adobe Animate - Tumult Hype (closest thing to Flash that we ha…

After checking out Sketch, I don't believe they offer a one-time payment option any longer. They seem to have switched to a subscription service now?

I don't use software like Figma or Sketch often enough to justify an ongoing subscription, so I suppose Penpot might be the next best alternative for users like myself?

Re: Adobe to acquire Figma for $20B

#772

Post by andrewcl »

As much as folks may be unhappy Adobe is taking over Figma, I'm sure the team over at Figma are elated. It's a successful exit for a much loved company and I'm sure the hard working team that built such a fantastic product are being well rewarded by such a large acquisition.

Re: Adobe to acquire Figma for $20B

#773

Post by klabb3 »

Zealotux wrote: post #175
yuchi wrote: post #143

Earlier quoted context omitted.

UPDATE n. 2: Dylan Field (CEO of Figma) has addressed these kind of concerns on their public disclore of the fact: https://www.figma.com/blog/a-new-collaboration-with-adobe/ Citing him: > Adobe is deeply committed to keeping Figma operating autonomously and I will continue to serve as CEO, reporting to David Wadhwani. As others have said, there’s really a missing OSS version out there that can compete feature-by-feat…

>[ACQUISITOR] is deeply committed to keeping [STARTUP] operating autonomously and I will continue to serve as CEO, reporting to [NEW OVERLORD] You won't believe what happens next.

Phew, I was worried for a second, because of [NEW OVERLORD]'s persistent track record of killing babies. So glad to hear that [STARTUP] CEO thinks it's going to be fine, in a public statement nonetheless! More than anyone, he must have done his due diligence.

Re: Adobe to acquire Figma for $20B

#774

Post by jeremycarter »

seanalltogether wrote: post #96
nayroclade wrote: post #54

Many 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…

I still keep a copy of CS6 installed just for Fireworks. It was the first design tool that made sense to me as a programmer that wanted to think of everything in terms of pixels and object groups. I should probably move on at this point but it still does what I need it to do.

I reluctantly moved on to Affinity Designer. I still miss Fireworks but I knew I had to get off it cold turkey.

Re: Adobe to acquire Figma for $20B

#776

Post by Aperocky »

cercatrova wrote: post #675
Aperocky wrote: post #538

Earlier quoted context omitted.

Only open and free software can defeat the likes of Adobe. Can't wait for the dominance of Photoshop to be ended by gimp and ffmpeg, I've found that they work fairly well for whatever editing I need. Maybe open source variety of Figma also exist?

> Can't wait for the dominance of Photoshop to be ended by gimp Hah, good joke, I've been hearing it for years now.

But you're not laughing at ffmpeg.

Progress comes in bits and pieces, maybe gimp isn't it, just like GNU Hurd continues to suck, but something will be there eventually.

Re: Adobe to acquire Figma for $20B

#777

Post by unstrategic »

pcurve wrote: post #677
isnhp wrote: post #663

Earlier quoted context omitted.

Adobe loses the game with their skill and use money to win it. Figma won the game with their skill but lose the money game.

Yep. Everybody has a price. It's not that Figma was worth $20 billion. It's that Adobe was likely seeing subscription revenue take hit from customers that realized there's no need for creative cloud subscription.

> It's that Adobe was likely seeing subscription revenue take hit from customers

While being pummeled by public markets, and being forced to make a move that might keep shareholders from calling for blood.

This is certainly not the first time that Adobe has presented a number to Figma's board — but it has to be the biggest number yet, by far.

From Figma's position: take your chances on an IPO while the Fed is cracking skulls around inflation — or flip the bit on that liability, and cash out to a desperate Adobe?

Re: Adobe to acquire Figma for $20B

#778

Post by Andrew_nenakhov »

afhammad wrote: post #27
lwn wrote: post #21

Ugh, I'm still sad about what happened to Macromedia Fireworks after Adobe takeover. Have been boycotting their products ever since.

Same here, best design software i’ve ever used, especially for web stuff. Sketch came close, although I haven’t used it in a while.

Sketch actually surpassed Fireworks in every aspect. After many many years with Fireworks, I was astonished by Sketch how they fixed every little thing that bothered me in Fireworks, and did it just right.

Re: Adobe to acquire Figma for $20B

#779

Post by hcurtiss »

TheCondor wrote: post #699
ortusdux wrote: post #682

Earlier quoted context omitted.

I find myself coming back to this Steve Jobs quote more and more: "It turns out the same thing can happen in technology companies that get monopolies, like IBM or Xerox. If you were a product person at IBM or Xerox, so you make a better copier or computer. So what? When you have monopoly market share, the company's not any more successful. So the people that can make the company more successful are sales and marketin…

MS's Office collaborative cloudish stuff is a prime example of this. I don't know how many times my team has ganged up on a document in Google Cloud and collaboratively banged it out. Likewise, I can only remember a couple times I've done it with Office and not ended up with n different copies of the doc that we had to manually merge back together, if we even could.

Office on the web actually does this really well now. The desktop app is a little more glitchy, but Google doesn't even have one of those. I really like tracked changes in Word on the web. Microsoft has come a real long way in the last three years.
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