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Canva acquires Affinity, its biggest acquisition, to compete with Adobe

Canva Acquires Affinity Design Suite in Push to Rival Adobe.
(Bloomberg) – Canva Inc. acquired the Affinity suite of creative software popular with Mac and iPad users, securing a major acquisition to compete with Adobe Inc.Most Read from BloombergTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleAfter Exposing Realtors, Eliminate the Mortgage Interest DeductionBoeing CEO to Step Down in Overhaul Sparked by Safety CrisisThe deal marks a milestone for an Australian

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brennan

brennan

Didn’t Adobe abandon its acquisition of Figma?

dyowee

dyowee

Is there a chance that this acquisition by Canva of Affinity will also be blocked?

jaeyson

jaeyson

Another perspective: I wouldn’t consider it a worst case scenario [if in the future] they go on subscription model, since some companies conditioned people’s perception (boil frog) of sub’ing a product/service.

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