A cloud-based design platform, Figma, has met in recent weeks to discuss an initial public offering with investment banks, which may come soon this year, two people said with knowledge of the case.
In 2023, European and American regulators attempted to buy figs by software giant Adobe for $ 20 billion. Figma’s chief executive, the Dylan Field, stated that the regulator investigation meant that another sales likely was far from the table.
Many bankers expected antitrust enformers under President Trump that they would adopt a lacked approach for merger and acquisition under the Biden administration. But in January, the Department of Justice blocked a deal between the Hewlet Packard Enterprise and Junipar Network, suggesting a continuous investigation.
Instead, many technical companies appear gravity to be possible. Korwave, a provider of cloud computing services for Artificial Intelligence, is filed for an offer and is ready to test Wall Street Hunger for companies related to AI. A social chat app, and Stubhub, a ticketing software company, Stubahb, is in the initial discussion about a possible public offer this year.
A Figma spokesperson refused to comment. Sri region Stated at a conference last year The company was on the way to become public.
Installed in San Francisco in 2012, free, cloud-based equipment and services for FigMA designers and developers. It accepted Adobe’s offer for an ADOBE’s acquisition of $ 20 billion in 2022, later paid a $ 1 billion breakup fee to Figma when the deal was made.
Later, Figma raised additional funds from investors including Cutu and General Catalyst On evaluation of $ 12.5 billion,
In recent years, Figma has targeted to expand its product offerings and work on the AI tool. Its products include an online whiteboard tool for users, Figzams, which include a powerpoint to consider and collaborate on various projects, and Figema slides, a powerpoint to create presentations. In 2023, the company introduced itself First hardware productA keyboard for designers to program shortcuts for their most frequently used design tools.
Products have helped fuel the figure of figs globally. According to figs, more than 85 percent of its weekly active users are outside the United States, and more than half of its revenue comes from international customers.
Figma has said that he wants to continue expansion beyond designers. Its two-thirds of its two-thirds of its customers identify the designers as something else, and its users are one-third of the base software developers.
Figma has opened offices in New York, London, Tokyo, Paris and Berlin in recent years. It has more than 1,400 employees.
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