On the Record · Adobe
Adobe acquisitions, on the record
The businesses Adobe bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Frame.ioWord for word“On October 7, 2021, we completed the acquisition of Frame.io, a privately held company that provides a cloud-based video collaboration platform, for approximately $ 1.24 billion, primarily in cash consideration.” 10-K for 2022 | acquisition | October 7, 2021 | approximately $ 1.24 billion |
WorkfrontWord for word“On December 7, 2020, we completed the acquisition of Workfront, a privately held company that provides a workflow platform, for approximately $ 1.52 billion in cash consideration.” 10-K for 2022 | acquisition | December 7, 2020 | approximately $ 1.52 billion in cash consideration |
Figma, Inc.Word for word“On September 15, 2022, we entered into a definitive agreement under which we intend to acquire Figma, Inc. (“Figma”) for approximately $ 20 billion, comprised of approximately half cash and half stock, subject to customary purchase price adjustments.” 10-K for 2022 | agreed acquisition | September 15, 2022 | approximately $ 20 billion |
Semrush Holdings, Inc.Word for word“On November 18, 2025, we entered into a definitive agreement to acquire Semrush Holdings, Inc., a publicly held brand visibility platform company, for approximately $1.9 billion of cash consideration.” 10-K for 2025 | agreed acquisition | On November 18, 2025 | approximately $1.9 billion of cash consideration |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-02 | $48.4 million | $35.8 million |
| 2017-12-01 | $459.6 million | $348.4 million |
| 2018-11-30 | $6.31 billion | $4.79 billion |
| 2019-11-29 | $101 million | $126 million |
| 2020-11-27 | $0 | — |
| 2021-12-03 | $2.68 billion | $1.96 billion |
| 2022-12-02 | $126 million | $161 million |
| 2023-12-01 | $0 | — |
| 2024-11-29 | $0 | — |
| 2025-11-28 | $17 million | $14 million |
Deal filings since 2016
- 2025-01-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-09-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-09-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-10-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Adobe’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2026-01-15. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.