Canva acquires Affinity in move to better target designers
Canva said it will acquire Affinity, a UK company with a design suite that competes with Adobe's Creative Cloud.
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Trends: Tech IPOs Will Come Back In 2024
Two Year IPO Drought Coming To An End
In 2023, only 148 companies completed an initial public offering (IPO). This was the worst year on record and followed a 15% decline from the number of IPO's in 2022, another disappointing year. In 2023, ARM was the sole blockbuster tech IPO.
After a brutal two years with a paucity of tech IPOs, the market is poised for a resurgence in 2024.
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