Adobe has a market worth of about $174 billion.
Picture:
leonhard foeger/Reuters
Adobe Inc.
is in superior talks to purchase Figma for round $20 billion, based on individuals conversant in the matter, in a deal that may be the software program firm’s largest.
A deal, to be paid for roughly half in inventory, half in money, could possibly be accomplished as quickly as Thursday, assuming talks don’t collapse, the individuals stated.
Adobe, which has a market worth of about $174 billion, was set to report its third-quarter earnings Thursday afternoon.
(Extra to Come)
Write to Cara Lombardo at cara.lombardo@wsj.com and Dana Cimilluca at dana.cimilluca@wsj.com
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