The executive said Figma will continue operating autonomously under Adobe despite the upcoming "big change." The company will also issue about 6 million additional restricted stock units to Figma co-founder and CEO Dylan Field and employees across a four-year period post-deal completion.įield said in an official blog post that the deal has been in the works over recent months. Figma stockholders will get about $10 billion in cash and approximately $10 billion in stock, subject to adjustments.Īdobe intends to fund the transaction's cash portion using cash on hand and, if needed, a term loan. San Jose, Calif.-based Adobe agreed to acquire Figma in a cash-and-stock deal worth about $20 billion, a Sept. Adobe Inc.'s planned acquisition of online design platform Figma Inc.
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