Adobe has announced its acquisition of Design Company Figma, will Figma CEO and Co-founder Dylan Field remain as the company CEO, and what is Field’s net worth now
Adobe and Figma recently announced that the two have entered into a merger agreement following Adobe’s acquisition of the company.
Know Who Is Dylan Field CEO And Co-Founder Of Figma, Age, Biography, Wife, Career, Net Worth 2022, Twitter
THREAD: This morning we’re announcing that @Figma has entered into an agreement to be acquired by @Adobe !
More information here: https://t.co/eqJsSlkShq (1/9)
— Dylan Field (@zoink) September 15, 2022
We’re excited to share our intent to acquire @Figma. Together, we will usher in a new era of collaborative creativity. Key info: https://t.co/9wDSHPhyvE pic.twitter.com/U5SduJUVvc
— Adobe (@Adobe) September 15, 2022
Figma is a collaborative graphics editing and design web application that Dylan Field and Evan Wallace co-founded in 2012.
Dylan Field Brief Bio
Dylan Field is the CEO and co-founder of Figma. Field attended the prestigious Brown University where he studied computer science and mathematics.
However, Field dropped out after two and a half years at the university with a leave of absence in 2012. Field dropped out after accepting the Thiel Grant, which is a two-year grant of $100,000 which gives young minds under 20 the chance to pursue entrepreneurial projects. The only catch being they have to drop out of college.
Before founding Figma, Field worked as a Product Design intern and a software engineering intern at Flipboard.
Field stated about his work at Figma in a Figma blog post:
Over the past five years, I’ve seen firsthand how working in a collaborative digital space moves teams from a mindset of ‘my ideas’ to ‘our ideas’, in many ways, design is deeply personal, and opening up that work to others to build on and remix can feel like opening up a part of yourself. But that’s why this change is so important.
Interestingly, Field also featured in Forbes’ 30 Under 30: Consumer Technology list in 2015 when he was just 22. Field is currently married to Elena Nadolinski.
Dylan Field Net Worth
Dylan Field has an estimated net worth of around $1 billion. This net worth is expected to rise, following Adobe’s acquisition of the company. The 30 year old is unmarried.
Adobe Announces Acquisition Of Figma
Adobe announced on Thursday 15 September, about its acquisition of Figma, stating that the company has entered into a definitive merger agreement to acquire Figma for around $20 billion in cash and stock.
Shantanu Narayen, Chairman and CEO, Adobe, said:
Adobe’s greatness has been rooted in our ability to create new categories and deliver cutting-edge technologies through organic innovation and inorganic acquisitions. The combination of Adobe and Figma is transformational and will accelerate our vision for collaborative creativity.
The press release also revealed that together Adobe and Figma will together “reimagine the future of creativity and productivity, accelerate creativity on the web, advance product design and inspire global communities of creators, designers and developers.”
It is true that Adobe and Figma both share a passion for helping individuals and teams be more creative and productive. Which means that the two companies combined will “power the future of work” by bringing together “capabilities for brainstorming, sharing, creativity and collaboration and delivering these innovations to hundreds of millions of customers.”
Will Dylan Field Remain Figma CEO?
Dylan Field will definitely remain as the CEO of Figma. Dylan stated in a blog post on the Figma website that Adobe is “deeply committed” to keeping Figma operating autonomously.
However, Field will now be reporting to David Wadhwani, someone he has known for a few years. The two men apparently have a “strong relationship” of “mutual respect,” and Field is excited to collaborate with Wadhwani on how to continue growing Figma’s business.
Field further wrote about the acquisition:
The entire Figma team will report to me. We plan to continue to run Figma the way we have always run Figma — continuing to do what we believe is best for our community, our culture, and our business.
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