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Adobe's Figma Acquisition: Genius Move or $20 Billion Mistake?

TheMotleyFool

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Adobe's Figma Acquisition: Genius Move or $20 Billion Mistake?: https://g.foolcdn.com/editorial/images/702074/burning-money-hundred-dollar-bill-100.jpeg

Adobe (NASDAQ: ADBE) is paying a massive premium to buy Figma, a $20 billion price that's 50 times Figma's sales last year. While not a competitor, Figma certainly represents a threat to Adobe. Fool contributors Jason Hall and Jeff Santoro discuss the details and whether it was a mistake or a smart move for Adobe.

*Stock prices used were the afternoon prices of Sept. 21, 2022. The video was published on Sept. 22, 2022.

Source Fool.com

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