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IPO Report Figma files for an IPO. What investors should know about the Adobe design rival. Less than two years after agreeing to call off plans for a megadeal with Adobe, Figma has filed IPO ...

When Adobe first announced its plans to acquire Figma for about $20 billion in September 2022, some investors were taken aback by the acquisition price.

About a year and a half after Adobe’s attempted $20 billion acquisition of design software unicorn Figma collapsed, Figma has taken a step towards a new future in the public markets.

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