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Canva: Canva strikes biggest acquisition yet in chase to take on Adobe

The deal, which is a mix of cash and stock, is valued at “several hundred million pounds,” Canva cofounder and chief operating officer Cliff Obrecht said in an interview with Bloomberg on Monday. Its the biggest outlay yet by Australias most valuable startup, priced at $26 billion in its latest share sale.

City ofUnited kingdomCliff obrechtCanva incApple incOffering collegeCertificate programme in data science machineAdobe incTechnology leadershipTech prowessHigh value skillData science forData scienceUnited kingdom based serif

Canva strikes biggest acquisition yet in chase to take on Adobe, ET Telecom

Investors have long viewed Canva as a candidate to go public, though the company hasn’t discussed plans for doing so. It recently completed a $1.5 billion secondary share sale, Obrecht said.

City ofUnited kingdomCliff obrechtCanva incApple incAdobe incUnited kingdom based serif

Canva Acquires Affinity Design Suite in Push to Rival Adobe

(Bloomberg) Canva Inc. acquired the Affinity suite of creative software popular with Mac users, securing its biggest acquisition to date in an effort 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, which is a mix of

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Canva Acquires Affinity Design Adding AI Tools to Portfolio as It Rivals Adobe

Canva Acquires Affinity Design Adding AI Tools to Portfolio as It Rivals Adobe
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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Canva strikes biggest acquisition yet in chase to take on Adobe

The deal, which is a mix of cash and stock, is valued at “several hundred million pounds,” Canva co-founder and Chief Operating Officer Cliff Obrecht said in an interview with Bloomberg on Monday.

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