Canva Acquires Affinity for $380M to Rival Adobe

Australian startup Canva has announced its acquisition of U.K.-based creative tools company Affinity, formerly known as Serif. This strategic purchase, reported to be in the vicinity of $380 million, marks Canva’s largest acquisition to date and is a clear signal of its ambitions to compete more directly with Adobe, particularly in attracting a broader user … Continue reading Canva Acquires Affinity for $380M to Rival Adobe