That core segment's revenue rose 11% in fiscal 2022, and grew 9% year over year (14% in constant currency terms) to $3.4 billion, or 73% of the company's total revenue, in the first quarter of fiscal 2023.Īdobe expects the Digital Media segment to add $1.7 billion in net new ARR in fiscal 2023, compared to $1.9 billion in net new ARR in fiscal 2022. Those regulators are all concerned that Adobe - which already dominates the creativity software space with Photoshop, Premiere, Illustrator, and other industry-standard tools - would gain an unfair advantage by buying Figma, which directly competes against Adobe's own XD platform in the user interface (UI) and user experience (UX) markets.Īdobe's core businesses are still healthyīut even without Figma, Adobe's Digital Media segment - which houses its Creative Cloud services - is still healthy. Department of Justice (DOJ) is reportedly building a case to challenge the acquisition. are both closely scrutinizing the proposed takeover, and the U.S.
The company believes it can close that deal by the end of 2023, but it already faces a lot of regulatory resistance. Yet, Adobe's full-year outlook doesn't account for its planned acquisition of the design software firm Figma for $20 billion in a half-cash, half-stock deal. The software giant expects revenue to rise about 9% in fiscal 2023 as it encounters more macroeconomic and currency headwinds. After rising 15% in fiscal 2020 and 23% in 2021, it increased just 12% in 2022. Adobe's growth is still deceleratingĪdobe's revenue growth has been slowing.
0 kommentar(er)
