Adobe abandons $20 billion acquisition of Figma
Adobe abandons $20 billion acquisition of Figma
www.theverge.com
Adobe abandons $20 billion acquisition of Figma
23 comments
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i'm gonna say it...
FIGMA BALLS ADOBE!
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As a side note, there is a FOSS alternative to figma called penpot! Is not as polished or feature-rich, but I though some of you might be interested 💖 https://github.com/penpot/penpot
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I really hope that PenPot can catch up with Figma, it's a decent alternative. But until at the very least they can offer better tools for components like variants and custom properties, there is just no way for anyone working professionally with Figma to switch.
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Awesome news. Bless the regulators fighting back.
As a result of the termination, Adobe will be required to pay Figma a reverse termination fee of $1 billion in cash.
This does bring a smile to my face. Maybe companies will actually stop trying to mass acquire everything when there are risks involved.
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Good news! It was already heading in a shitty direction with the new chances that they overly hyped and then put behind their shitty Adobe subscription model. Old Figma would let you use it and master it before you bought it and it was successful.
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Woohoo!
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RIP Figma shareholders I guess.
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Will someone think of the shareholders! 😩
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Yeah I think it's privately traded, so fuck em, I guess?
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$1 billion termination fee would be a termination fee of the century
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Yay!
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good call for CMA.
I would think what's going to happen there is Adobe will acquire figma and either keep the IP so their CS product will get the monopoly.
Ooorrr~ keep the brand but also get the monopoly.
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As a designer that uses figma every day, I have to say....
... I don't care one bit. I have to subscribe and use Adobe software anyway, not only because everyone else uses them, but because that's simply the best graphic software out there and I've tried it all. Not too mention that the full Adobe subscription, that you can usually get 50% off, is not that expensive anyway, compared to many saas that are buggy and just do one simple thing. So yeah, I don't hate Adobe anymore, everyone is doing what they are doing and most of the software out there is complete garbage and even more expensive.
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I also have to subscribe to and use Adobe software but suggesting it's less buggy and less expensive than other apps is delusional.
The moment you try and do anything outside of basic image editing, Photoshop immediately shits the bed.
It's riddled with features that were half developed or half removed. Tried using any of the 3D stuff? It pops up a box saying "We've abandoned this and it probably won't work, but go ahead and try because we haven't properly removed it". Using artboards? Probably not, since half the app seems to break with them, including their brand new features like Live Gradients that rearrange themselves when you save.
Looking for a filter? Well there's 2 places to look since they seem to have lost interest in the filter gallery half way through, then piled mediocre AI filters on top. It'll be a slow search, since for some reason some popup windows take fully 3 seconds to open, probably due to their 4 different UI systems in various states of abandoned.
Photoshop is widely used today because it was good 15 years ago. If someone hasn't already creating a leaner, more stable, better designed, more ambitious piece of software, it's only a matter of time until they do.
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Delusional? I'm sure you just mean to capture my attention, but you dont have to try like that.
I'm not here to defend Adobe or praise their products. For the last 2 years I have done my best to get rid of them and finally, about a month ago I conceded and payed for the subscription again.
Let me tell you, there is no software (none, 0), that can do half what photoshop can do and is less buggy. That doesn't say, photoshop or any other Adobe product is not buggy and doesn't have issues, it's just a fact there is no competition.
I say that completely confidently and with no delusion anywhere.
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I have to disagree with the "best software out there".
You said you are a designer, that you used It all and currently uses Figma right?
Adobe has a Figma competitor, Adobe XD, and It seems you're not using It, even though It should be better like you said.
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Sorry, I thought everyone will understand that I'm taking about photoshop, illustrator, indesign, AE and not that every single Adobe product ever made is absolutely better than every single other product that has ever been made ever.... Next time, I will try to be more precise. I deeply apologise
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23 comments
Thank God. Adobe needs to stay the hell away from Figma.
Adobe needs to stay the hell away, full stop.