$Adobe(ADBE)$Acquired design platform Figma for 20Billion USD. Adobe current market cap is 140B USD. This represents more than 10% of Adobe total value. Why did a tech behemoth like Adobe spent so much on an acquisition. We as investor needs to think about the value of the deal and why did Adobemake the deal.
In my opinion, this acquisition is mainly a killoff competttion head-to-head with Adobe's XD program In order to strengthens its economic moat.
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- familoveyou·2022-09-17ADBE owns the creative space with Photoshop and other SW. They bought a competitor, FIGMA using their huge cash flow. This move was defensive and smart. The stock got hit and will not recover for years.LikeReport
- jeffry09·2022-09-17An insane move to buy a company with an estimated value of 10 billion for 20 billion. And this in a bear market with a looming recession.LikeReport
- YorkTurner·2022-09-17Open Interest increases 33.6% on the week to a percentile rank of 98%. Put OI increased by 23.8% vs Call OI of 41.8%.LikeReport
- XantheJuliana·2022-09-1720 billions purchased is joke considering bad economy and figma' revenueLikeReport
- Yang Sheng·2022-09-17hiLikeReport
- EricKK·2022-09-17👍LikeReport
- Trawhal·2022-09-17GoodLikeReport
- RKT·2022-09-17OkLikeReport
- Hunter88·2022-09-17KLikeReport