Figma was founded in 2012, and according to a report by CNBC, the company has created a design program based on cloud computing technology, allowing collaboration between different teams in the same company.
The report stated that the program designed by “Vigma” was a competitor to the program “XD” designed by the company “Adobe”.
The company’s strength is rooted in its ability to create and design advanced technologies of its own, as well as its ability to acquire companies that perform the same, said Shantanu Narain, Chairman and CEO of Adobe.
He stressed that the combination of “Adobe” and “Vigma” will create a state of collaborative creativity for the company.
In the pre-opening trading, “Adobe” stock fell by about 10 percent, despite the announcement of the deal.
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