Adobe buying design startup Figma.

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You will be amazed to know that it would be the largest acquisition ever for a private software company.

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This deal is structured via an ever split of cash and stock.

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According to a report Figma raised around $330 million in VD Funding, 2021.

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Several months ago, Adobe first approached Figma. At that time Figma was not seeking to raise new private funding.

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Figma products allow collaborators to bypass the clumsy process of saving and sending work to mates using a collection of disparate apps.

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This is a very big money about the centrality of design in the tech world.

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