Figma

2022 - 9 - 15

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Adobe snaps up Figma for $20B, taking out one of its biggest rivals ... (TechCrunch)

Big news in the world of digital creative technology: Adobe today announced that it would acquire Figma for $20 billion, taking out one of its biggest ...

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Adobe to acquire design platform Figma for $20 billion (CNBC)

Adobe announced Thursday morning that it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock.

It expects to report earnings of $3.50 per share, adjusted, above a StreetAccount forecast of $3.47 per share. It posted $4.43 billion in revenue, which matched analyst expectations of $4.43 billion. It reported earnings of $3.40 per share, adjusted, topping Refinitiv estimates of $3.33 per share. Adobe said it will integrate some of the features from its other products, such as illustration, photography and video technology, into Figma's platform. "Adobe's greatness has been rooted in our ability to create new categories and deliver cutting-edge technologies through organic innovation and inorganic acquisitions," said Adobe CEO Shantanu Narayen. He'll report to David Wadhwani, president of Adobe's digital media business. [Microsoft employees love Figma, and it's testing the company's cozy relationship with Adobe (Aug. That means Adobe is paying in the neighborhood of 50 times revenue at a time when sales multiples for cloud software are contracting dramatically from their record highs reached last year. The company issued mixed guidance for the fiscal fourth quarter. 25)](https://www.cnbc.com/2022/08/25/figma-growing-inside-microsoft-testing-longtime-deal-with-adobe.html) [previously told CNBC](https://www.cnbc.com/2022/08/25/figma-growing-inside-microsoft-testing-longtime-deal-with-adobe.html). [Adobe](//www.cnbc.com/quotes/ADBE) [announced](https://www.businesswire.com/news/home/20220915005546/en/) Thursday that it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock.

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Adobe to Buy Figma, Collaborative App Design Platform, for $20 ... (Variety)

Adobe Systems will pay $20 billion to acquire Figma, a collaborative design platform provider, in a deal worth about $20 billion.

The Figma deal is Adobe’s biggest M&A play in its 40-year history. “The combination of Adobe and Figma is transformational and will accelerate our vision for collaborative creativity.” “Additionally, we will have the opportunity to reimagine what the best creative tools could look like within the Figma technology stack.”

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Adobe's $20 Billion Takeover Of Figma Makes Cofounders Billionaires (Forbes)

The deal values Figma cofounders Dylan Field and Evan Wallace's stakes in the buzzy design startup at $2 billion apiece.

Field took a Thiel Fellowship and dropped out of college in 2012 to begin building what would become Figma. Adobe’s last major acquisition was a [$1.2 billion takeover](https://blog.frame.io/2021/08/19/adobe-announces-intent-to-acquire-frameio/) of collaborative video editing and review software maker Frame.io in August 2021. “And design is a team sport—it’s collaborative by nature.” Forbes reported that the startup generated $75 million in revenue in 2020. Forbes estimates that Field and Wallace each hold a 10% stake in the company that would now be valued at $2 billion. “The combination of Adobe and Figma is transformational and will accelerate our vision for collaborative creativity.”

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Adobe builds collaborative design muscle with $20 bln deal for Figma (Reuters)

Adobe Inc will buy startup Figma for about $20 billion in its biggest deal, the Photoshop maker said on Thursday, bulking up on applications that support ...

Either company will have to pay a termination fee of $1 billion if they scrap the deal. Distribution across machines running on Windows helped Adobe gain ubiquity and the companies also sync their products across platforms. It's not a sustainable solution." The company had cash and cash equivalents of $3.87 billion as of Sept. Some analysts pointed to the size of the deal that could require Adobe to raise debt. Adobe has sharpened its focus on the collaboration tools space in recent years through acquisitions.

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Adobe Tumbles After Agreeing to Buy Figma for About $20 Billion (Bloomberg)

Adobe Inc. agreed to buy software design startup Figma Inc. in a deal valued at about $20 billion to help it expand tools for creative professionals.

Adobe shares fell 13% as the market opened in New York, the biggest decline in more than two years. [announced](/news/terminal/RI92POMEQTXC) by Adobe, which is a mix of half cash and half stock, [confirms](https://www.bloomberg.com/news/articles/2022-09-15/adobe-is-said-to-near-deal-to-buy-online-design-startup-figma) an earlier Bloomberg report and would mark the biggest ever takeover of a private software company, according to data compiled by Bloomberg. [Adobe Inc.](/quote/ADBE:US) agreed to buy software design startup [Figma Inc.](/quote/1349863D:US) in a deal valued at about $20 billion to help it expand tools for creative professionals.

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Adobe rachète Figma pour 20 milliards de dollars (BDM)

Adobe annonce l'acquisition de Figma, le principal concurrent d'Adobe XD.

Depuis plusieurs années, Adobe propose son propre [logiciel de conception](https://www.blogdumoderateur.com/tools/design/prototypage/?utm_source=blogdumoderateur&utm_medium=siteweb&utm_campaign=adobe-rachete-figma&utm_content=lien&utm_term=logiciel-de-conception), qui concurrence directement Figma, [Sketch](https://www.blogdumoderateur.com/tools/sketch/?utm_source=blogdumoderateur&utm_medium=siteweb&utm_campaign=adobe-rachete-figma&utm_content=lien&utm_term=Sketch) et [InVision](https://www.blogdumoderateur.com/tools/invision/?utm_source=blogdumoderateur&utm_medium=siteweb&utm_campaign=adobe-rachete-figma&utm_content=lien&utm_term=InVision). Ce rachat majeur pour Adobe aura nécessairement des conséquences sur le quotidien des équipes de conception produit. [Figma](https://www.blogdumoderateur.com/tools/figma/?utm_source=blogdumoderateur&utm_medium=siteweb&utm_campaign=adobe-rachete-figma&utm_content=lien&utm_term=Figma) ! Le logiciel permet de concevoir des prototypes, représenter l’expérience des utilisateurs et uniformiser les composants au sein d’un design system. [Adobe XD](https://www.blogdumoderateur.com/tools/adobe-xd/?utm_source=blogdumoderateur&utm_medium=siteweb&utm_campaign=adobe-rachete-figma&utm_content=lien&utm_term=Adobe-XD). L’entreprise vient de l’annoncer [dans un communiqué](https://news.adobe.com/news/news-details/2022/Adobe-to-Acquire-Figma/default.aspx).

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Adobe achète Figma pour 20 milliards de dollars (MacGeneration)

Une nouvelle fois, Adobe sort le carnet de chèques pour étouffer la concurrence. La firme de San José débourse 20 milliards de dollars pour s'offrir Figma, ...

Le montant du chèque est à la hauteur des enjeux : alors que les bruits de couloir évoquaient la somme de 15 milliards de dollars, Adobe offre finalement 20 milliards, pour partie sous la forme d’actions. Après quelques années de vaches d’autant plus maigres que l’application peut être utilisée gratuitement, le développement du télétravail pendant la pandémie leur a donné raison. Figma était sortie de l’ombre en décembre 2015, après trois ans de développement sous-terrain, au moment même où Adobe présentait XD, son propre outil de prototypage.

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Adobe acquiert Figma pour 20 Md$ (LeMondeInformatique)

Acquisition : Adobe confirme les rumeurs de rachat de Figma. La société est spécialisée dans le design collaboratif dans le cloud et vient d'ouvrir un ...

Sur les fonctions de tableau blanc, FigJam talonne [Miro](https://www.lemondeinformatique.fr/actualites/lire-miro-s-integre-a-google-meet-pour-stimuler-la-collaboration-hybride-87411.html). [s'est appuyé sur WebAssembly](https://www.figma.com/blog/webassembly-cut-figmas-load-time-by-3x/#:~:text=If%20you%20haven't%20used,that%20supports%20very%20large%20documents). Il comprend aussi des jeunes pousses en croissance comme Doctolib, ContentSquare ou, encore, la banque en ligne Qonto, utilisent également la solution pour concevoir leurs interfaces et expériences utilisateurs (UI/UX). Ce dernier avait confirmé dans [un message sur son blog](https://www.figma.com/fr/blog/a-new-collaboration-with-adobe/) les rumeurs de discussion parues dans la presse économique. [Adobe en annonçant le rachat de Figma](https://news.adobe.com/news/news-details/2022/Adobe-to-Acquire-Figma/default.aspx). Sortie en 2015, la solution de conception d'UI/UX a d’abord été proposée gratuitement, surprenant parfois certains designers habitués à d'autres outils, se souvient le fournisseur sur son [site web](https://www.figma.com/about/).

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Adobe confirme le rachat de Figma pour 20 milliards de dollars (Bourse Direct)

Adobe abandonne 7% désormais avant bourse à Wall Street. Le groupe software américain, qui publiera ce soir ses derniers résultats financiers trimestriels, ...

- 0 vote Les informations et conseils rédigés par la rédaction de Boursier.com sont réalisés à partir des meilleures sources, même si la société Boursier.com ne peut en garantir l'exhaustivité ni la fiabilité. Jusqu'à la clôture de la transaction, chaque société continuera à fonctionner de manière indépendante.

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Adobe to buy design company Figma for $20bn (Financial Times)

San Francisco-based Figma, founded by Dylan Field and Evan Wallace in 2012, allows software developers and designers to collaborate remotely and design ...

[Purchase a Print subscription for 11,12 € per week You will be billed 107,91 € per month after the trial ends](https://subs.ft.com/spa3_uk3m?segmentId=461cfe95-f454-6e0b-9f7b-0800950bef25&utm_us=JJIBAX&utm_eu=WWIBEAX&utm_ca=JJIBAZ&utm_as=FIBAZ&ft-content-uuid=01c8cd15-f5b8-457a-8301-fb89413ee407) [Purchase a Digital subscription for 6,64 € per week You will be billed 39 € per month after the trial ends](https://subs.ft.com/spa3_digital?ft-content-uuid=01c8cd15-f5b8-457a-8301-fb89413ee407) [Purchase a Trial subscription for 1 € for 4 weeks You will be billed 65 € per month after the trial ends](/signup?offerId=41218b9e-c8ae-c934-43ad-71b13fcb4465&ft-content-uuid=01c8cd15-f5b8-457a-8301-fb89413ee407)

Adobe Falls 12% Pre-Market After Revealing $20 Billion Acquisition ... (The Deep Dive)

Adobe (NASDAQ: ADBE) is making waves this morning with the announcement that it has entered into a definitive agreement to acquire Figma.

In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others. As the founder of The Deep Dive, Jay is focused on all aspects of the firm. The cash portion of the deal is expected to be funded via cash on hand and a potential term loan if needed.

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Adobe confirme le rachat de la plateforme de conception ... (Clubic)

Les annonces qui concernent les rachats d'entreprises sont constamment scrutées et analysées dans le monde de la tech. Et celle qui vient de nous être ...

« Ensemble, Adobe et Figma vont réinventer l'avenir de la créativité et de la productivité, accélérer cette créativité sur le Web, faire progresser la conception de produits et inspirer les communautés mondiales de créateurs, de concepteurs et de développeurs. Il s'agit d'une plateforme collaborative spécialisée dans la conception et le design à destination des entreprises. Les annonces qui concernent les rachats d'entreprises sont constamment scrutées et analysées dans le monde de la tech.

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Stock Market News Today: Dow Falls Over 100 Points, Ethereum ... (The Wall Street Journal)

The $20 billion deal, if completed, would mark one of the largest-ever buyouts of a venture capital-backed startup in the U.S. Save for the occasional ...

Save for the occasional blockbuster acquisition like Microsoft's $26 billion purchase of LinkedIn, startups that grow so large tend to opt for an IPO.\n\nStartup valuations have plunged in the past nine months as the market’s lust for unprofitable tech companies has lessened. Figma last raised money at a $10 billion valuation in mid-2021, in a deal led by Durable Capital Partners.

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Adobe to Acquire Figma for $20B (TV Technology)

The deal is part of Adobe's push to expand its tools for virtual collaboration, design and remote production.

“Figma has built a phenomenal product design platform on the web,” said David Wadhwani, president of Adobe’s Digital Media business. “The combination of Adobe and Figma is transformational and will accelerate our vision for collaborative creativity.” Founded by Dylan Field and Evan Wallace in 2012, Figma pioneered product design on the web.

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Adobe Buys Design Platform Figma for $20 Billion (PetaPixel)

Adobe has announced it has purchased Figma, a popular design platform and Adobe XD competitor, for $20 billion in cash and stock.

“The combination of Adobe and Figma is transformational and will accelerate our vision for collaborative creativity.” Experts believe that Adobe paid 50 times too much for the company when the purchase price is compared to Figma’s annual revenue. Adobe expects the cash consideration to be financed through cash on hand and, if necessary, a term loan. The company says the merger will “usher in a new era of collaborative creativity.” Until the transaction closes, each company will continue to operate independently. Since it was founded in 2012, Figma has amassed a following of millions of designers, developers, and students.

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Adobe rachète Figma et son logiciel de design pour 20 milliards de ... (Les Échos)

L'éditeur de Photoshop entend s'étendre dans les logiciels de création de sites web et d'applications mobiles. Il rachète l'un de ses concurrents les plus ...

Par exemple, les codeurs d'Uber prototypent les interfaces de son application mobile avec les logiciels Figma. [portés par les nouvelles pratiques de travail à distance de ses clients.](https://www.lesechos.fr/start-up/ecosysteme/figma-la-start-up-californienne-qui-transforme-le-travail-a-distance-1396981) « Dans le domaine des plateformes de design collaboratif, Figma commençait à faire de l'ombre à Adobe et son logiciel XD. Même pas dix ans après sa création à San Francisco, Figma - un éditeur de logiciels de design de sites web et d'applications mobiles - parvient à se vendre pour la bagatelle de 20 milliards de dollars à Adobe, le numéro un mondial des logiciels de créations graphiques. En revanche, Figma n'apportera pas tout de suite énormément de revenus additionnels à son nouveau propriétaire. Par comparaison, Figma ne devrait enregistrer que 400 millions de dollars de revenus récurrents annualisés cette année. « La combinaison d'Adobe et Figma est transformationnelle et nous fera accélérer vers notre vision de la créativité collaborative », relève dans un communiqué le directeur général d'Adobe, Shantanu Narayen.

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Adobe va racheter la plateforme de design collaboratif Figma (LesAffaires.com)

Malgré le climat actuel difficile pour le secteur de la technologie, marqué par un fort recul en Bourse et des conditions de financement défavorables, le ...

Le groupe fondé en 2012 et établi à San Francisco avait, en effet, levé 200 M$US pour une valorisation totale de 10 G$US. Le groupe fondé en 2012 et établi à San Francisco avait levé 200 M$US pour une valorisation totale de 10 G$US en juin 2021. Malgré le climat actuel difficile pour le secteur de la technologie, marqué par un fort recul en Bourse et des conditions de financement défavorables, le montant offert par Adobe est très supérieur à la valorisation de Figma lors de sa dernière levée de fonds, en juin 2021.

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Adobe Near Deal for Online Design Startup Figma, Sources Say (Bloomberg)

Adobe Inc. is nearing a deal to acquire Figma, a startup that makes online design collaboration tools, people with knowledge of the matter said.

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Adobe builds collaborative design muscle with $20 billion deal for ... (CNN)

Adobe Inc will buy startup Figma for about $20 billion in its biggest deal, the Photoshop maker said on Thursday, bulking up on applications that support ...

Either company will have to pay a termination fee of $1 billion if they scrap the deal. The company had cash and cash equivalents of $3.87 billion as of Sept. Some analysts pointed to the size of the deal that could require Adobe to raise debt.

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Figma's Record-Breaking Sale to Adobe Delivers Billions to Top VCs (Bloomberg)

Rimer, a partner at the venture capital firm Index Ventures, invited Figma's co-founder and chief executive officer, Dylan Field, to dinner and ordered a bottle ...

Field, 30, is now of legal drinking age in the US, and both he and Rimer stand to make a lot of money from the sale. Rimer went ahead, he recalled, and ordered the Pinot anyway. [Index Ventures](/quote/1805Z:SW), invited Figma’s co-founder and chief executive officer, Dylan Field, to dinner and ordered a bottle of wine to celebrate the deal.

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Daily Crunch: Adobe snaps up Figma in proposed $20B deal that ... (TechCrunch)

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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Adobe Shrugs Off Sticker Shock From $20 Billion Deal for Figma (Bloomberg)

Adobe Systems Inc. spent $20 billion on its biggest acquisition ever of design software maker Figma Inc. to win the exact kind of consumers and small ...

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Why did Adobe splurge $20 billion on design startup Figma? (Quartz)

Adobe's $20 billion Figma deal raises eyebrows and rings antitrust bells ... Turning foes into friends. ... A burgeoning design startup will now be owned by the ...

[debuted in 2016](https://www.forbes.com/sites/alexkonrad/2021/08/10/how-figma-became-designs-hottest-startup-valued-at-10billion/?sh=6f50f1a3726e), it’s been touted as an Adobe killer for being [more efficient, collaborative, and affordable](https://www.protocol.com/workplace/adobe-figma-dylan-field-user-reactions). Industry insiders, however, don’t understand the dumping. [pointed out](https://twitter.com/Vaskatta/status/1570561388581617664). 15, Adobe announced it was buying the San Francisco-based firm in a [$20 billion half-cash and half-stock deal](https://news.adobe.com/news/news-details/2022/Adobe-to-Acquire-Figma/default.aspx). [tweeted](https://twitter.com/amaldorai/status/1570604636524126210). The deal comes “with access to Adobe’s technology, expertise and resources in the creative space,” CEO Dylan Field [being unaffordable](https://twitter.com/4erepawko/status/1570436634419789826) and [clunky](https://twitter.com/andybudd/status/1570391834622562305). [antitrust issues](https://techcrunch.com/2022/09/15/adobe-is-buying-figma-for-20b-taking-out-one-of-its-biggest-rivals-in-digital-design/) come up and the deal doesn’t go through? 15 blogpost](https://www.figma.com/blog/a-new-collaboration-with-adobe/). [Adobe’s Instagram](https://twitter.com/nbashaw/status/1570419021211901953).” [plummeted 16%](https://seekingalpha.com/news/3883076-adobe-drops-11-on-reaction-to-20b-figma-deal-and-mixed-outlook) on the news, as well on its [mixed bag earnings results](https://www.zdnet.com/article/adobe-q2-a-mixed-bag-as-revenue-falls-short-of-estimates/). [Field’s tweet](https://twitter.com/zoink/status/1355173534390075394?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1355173534390075394%7Ctwgr%5E37eb9a89cff06141b271038df7c523973f593415%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fkinja.com%2Fembed%2Finset%2Fiframe%3Fautosize%3D1id%3Dtwitter-1355173534390075394) from Jan 29, 2021

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Adobe's $20 Billion Figma Buy To Boost Top Line Growth (Forbes)

Adobe announced a deal to pay $20 billion to for a $400 million software company. Here's why that big bet might payoff.

According to Danny Rimer, a partner at Index Ventures which invested in Figma in 2013, “The company was IPO-able. As Narayen said, “Software follows a sort of S curve: performance eventually moves sideways if you do not invest in the right opportunities.” Field — who will report David Wadhwani, president of Adobe’s digital-media business — said that the acquisition will help Figma move faster. Were that growth rate to slow down to 80% a year between 2023 and 2028, the deal could add $13.6 billion to Adobe’s top line five years after the deal closes. The culture of the two companies strike me as compatible. Together, Adobe and Figma will reimagine the future of creativity and productivity, accelerate creativity on the web, advance product design and inspire global communities of creators, designers and developers.” For example, Figma has four million subscribers — two-thirds of whom users aren’t among Adobe’s core designer customers, according to the Journal. Based on the relative scale of the two companies, that price looks exorbitant. Figma’s revenue is expected to grow at 100% between 2021 and 2022. According to the company, “Figma has attracted a new generation of millions of designers and developers and a loyal student following. As CNBC noted, “It’s cheaper (there’s even a free tier), easier to use, collaborative and modern, and has been spreading like wildfire among designers at companies big and small.” Depending on how well Adobe integrates the two companies, their combined competitive advantages could result in faster top-line growth for Adobe.

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Adobe, Figma Deal Signals New Era in Collaboration, Productivity (The Wall Street Journal)

Adobe's acquisition of a cloud-based collaboration and productivity platform for almost $20 billion reflects the accelerated demand for technology tools ...

Railroad Strike Averted as Tentative Deal Is Reached](https://www.wsj.com/articles/u-s-railroad-strike-averted-as-white-house-unions-reach-tentative-deal-11663234424?mod=trending_now_news_2) [Transfers of Migrants Have Democratic Leaders Scrambling for Solutions](https://www.wsj.com/articles/florida-sends-50-migrants-on-planes-to-marthas-vineyard-11663253106?mod=trending_now_news_3) [Putin Says Xi Raised Concerns on Ukraine War](https://www.wsj.com/articles/chinas-xi-jinping-and-russias-vladimir-putin-to-showcase-growing-ties-11663243097?mod=trending_now_news_4) [Saturn Ring Mystery Possibly Solved After Four Centuries of Uncertainty](https://www.wsj.com/articles/saturn-ring-mystery-possibly-solved-after-four-centuries-of-uncertainty-11663264812?mod=trending_now_news_5) The fact that Adobe was willing to pay so much for Figma reflects that belief that its software was fundamentally different, according to Mr. He said there was no question that Adobe was buying a smaller but quickly growing rival, “but if Figma was just another piece of software with a lot of growth, Adobe would not have paid so much for it,” Mr. To that end, Figma was built not as an app but as a web-based application because it is easier to share, Mr. This Team Fixed It.](https://www.wsj.com/articles/laguardia-airport-renovation-lga-terminal-b-11663203700?mod=trending_now_news_1) [U.S. Figma isn’t just built for designers, but for a range of people involved in design, and that necessitates software that is easier to use and share, he said. “The old way of building productivity tools was the way Adobe started, [and it was] only intended for use by a narrow set of people.” Figma was different from other tools because it made it easy for people in a range of technical and nontechnical roles to collaborate in the design process on one platform. Wadhwani said Figma’s next generation of collaboration and productivity tools also take inspiration from the world of gaming, in which many people are remotely participating in a task in real-time. “It is the old buying the new,” Mr. In some ways, the focus has shifted from getting actual work done at the beginning of the pandemic to building culture and collaborative relationships in remote and hybrid environments, he said. Figma itself drew inspiration from Google Docs, basing itself in the cloud so people could work in one digital space together instead of creating different versions of the same project, Mr.

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Adobe makes $20B bet on a collaborative future with Figma ... (TechCrunch)

Prior to announcing its intent to buy Figma for $20 billion on Thursday, Adobe's largest deal was its $4.75 billion Marketo acquisition in 2018.

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Adobe's $20 billion deal to acquire Figma leaves some skeptical (Fortune)

The tech giant has entered into a definitive merger agreement to acquire Figma, a web-first collaborative design platform—and an Adobe competitor—for ...

“It was always a dream of mine to be at the Gap and to bring the best product possible,” he said on “Closing Bell" on Thursday. [click here to apply](https://fortune.com/conferences/the-fortune-cfo-collaborative-chicago/) to join us in Chicago at Sepia on September 22 or [click here to apply](https://fortune.com/conferences/the-fortune-cfo-collaborative-dallas/) to join us on September 29 at The Mansion Turtle Creek in Dallas. [Vanna Krantz](https://fortune.com/2021/12/04/career-rewind-vanna-krantzs-journey-from-the-lobby-of-pwc-to-top-cfo/) was named [CFO at Grindr](https://www.businesswire.com/news/home/20220913005516/en/Grindr-Appoints-George-Arison-as-Chief-Executive-Officer-and-Vanna-Krantz-as-Chief-Financial-Officer), a social network for the LGBTQ community, effective Sept. The Gap allegedly did not meet its obligations in the companies’ agreement, and Ye wasn’t able to set the prices he wanted on his products, Lafouge worked at the Boston Consulting Group in the strategy consulting sector in Europe and South America. [designer tweeted](https://twitter.com/erikdkennedy/status/1570403681761374209): “Figma could’ve built tools to compete—and win—with every Adobe product in the suite. Figma’s technology platform will “accelerate our R&D roadmap, including the delivery of our Creative Cloud technologies on the web, which will allow Adobe to focus and manage our future R&D investments,” Durn said on the call. Seventy-six percent of respondents said digital trust is essential to digital transformation, and 82% said digital trust would be even more important in five years; but just 29% offer staff digital trust training. “In years one and two after the closing, the transaction will be dilutive to Adobe’s Non-GAAP EPS, and we expect it to break even in year three and accretive at the end of year three,” Durn said. “It’s not unprecedented for Adobe to purchase a dynamic competitor,” Jay Vleeschhouwer of Griffin Securities said on the call. And collaborators can’t work in the file at the same time. The transaction, which is the company’s largest acquisition, is expected to close in 2023, pending regulatory approvals, Adobe CFO Dan Durn said.

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