In contrast to the negativity here, I am optimistic that Adobe won't screw this up. The past acquisitions are not necessarily an indicator of the future.
Adobe consistently upgraded Photoshop even when they had virtually no competition. Their CC subscription pricing is actually an incredible vaue if you use it as a professional. Figma has a huge user base, and a team that is excelling where Adobe is struggling - collaborative cloud-first design software.
It is very possible that a 20B acquisition is in part Adobe investing in talent to address a gap in their expertise. This isn't 20 years ago, it is now.
Adobe consistently upgraded Photoshop even when they had virtually no competition. Their CC subscription pricing is actually an incredible vaue if you use it as a professional. Figma has a huge user base, and a team that is excelling where Adobe is struggling - collaborative cloud-first design software.
It is very possible that a 20B acquisition is in part Adobe investing in talent to address a gap in their expertise. This isn't 20 years ago, it is now.