Adobe Is Nearly Closing a Deal to Acquire Figma for $20 Billion: Report

Adobe is nearly closing a deal to acquire Figma, a US-based startup that makes online design collaboration tools. As per reports, the deal could be closed for about $20 billion as Adobe is looking to expand its portfolio of collaboration-focused platforms geared for the hybrid-work era. The premier software firm has been increasingly focusing on venturing into the collaboration tools space. Figma has also revealed that Adobe will keep Figma…