Adobe shares fell after the company agreed to pay $20 billion for the creative platform Figma.
Shantanu Narayen, CEO of Adobe, called Figma’s business “the future of work” and claimed there were “tremendous opportunities” to combine it with his company’s products, such as document reader Acrobat and online whiteboard Figjam. Adobe Inc agreed to purchase Figma, whose products are used by software engineers to cooperate, for $20 billion on Thursday, triggering …