Explain adobes decision to pay such a high premium

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Question: Adobe decided to acquire Figma for $20 Billion rather than continue to invest in Adobe XD (Adobe's direct response to Figma). It appears that Adobe had become pessimistic that they were going to be able to overtake Figma with their AdobeXD platform. What were the risks to the Adobe Creative Cloud business if Figma were to become the dominant design collaboration platform that can help explain Adobe's decision to pay such a high premium for Figma?

Reference no: EM133614010

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