Latest news with #designsoftware
Fast Company
a day ago
- Business
- Fast Company
Figma files to go public on the NYSE as ‘FIG'
The collaborative design tool Figma continues its march toward going public in one of the most highly anticipated IPOs in the history of design software. Wasting no time licking its wounds after European regulators blocked its $20 million acquisition by Adobe in late 2023, Figma quietly filed its S-1 paperwork to the SEC in April. Now, it's announced that the S-1 has been made available to the public. That S-1, which you can read here, is full of interesting tidbits, as private companies disclose financial information for the first time. The biggest news? Figma disclosed making $749 million in revenue in 2024—with a (non GAAP) profit margin of around 17% (a figure that looks at profits pre-taxes and some other expenditures). Its revenue was up 48% from 2023, signaling that Figma's growth is quite strong. With revenue in hand, we can see that Figma is about 1/28th the size of Adobe, or about 1/3 of the size of Canva (on a balance sheet, at least). Meanwhile, Figma's install numbers are confident. The company claims 13 million people use Figma monthly. Ninty-five percent of Fortune 500 companies use the software. And a surprising two thirds of its users aren't designers. Figma's public debut date and share pricing has yet to be determined, but it will go by the very cute NYSE symbol 'FIG.'
Geeky Gadgets
12-06-2025
- Geeky Gadgets
Graphite 2D Design Software Redefining Creativity in Early Alpha Release
What if the next big leap in 2D design software wasn't just about more tools or faster workflows, but about reimagining how creativity itself is supported? Enter Graphite, a bold new application currently in its alpha phase, that promises to challenge the status quo of design software. Unlike many established platforms that can feel either overly complex or frustratingly limited, Graphite seeks to strike a balance—offering professional-grade precision while remaining accessible to hobbyists and newcomers. It's a rare combination, and one that could redefine how designers of all levels approach their craft. In this overview, Momo PTFL explores what makes Graphite stand out in a crowded field, from its intuitive features to its commitment to innovation through emerging technologies. You'll discover how this alpha-stage software is already showcasing tools that push the boundaries of traditional 2D design, while also inviting users to play an active role in shaping its future. Whether you're curious about its AI-driven design assistance, intrigued by its collaborative potential, or simply looking for a fresh creative platform, Graphite offers a glimpse into the exciting possibilities ahead. Could this be the future of 2D design? Let's examine its potential. Graphite: Innovative 2D Design What Sets Graphite Apart Graphite is designed to bridge the gap between professional-grade tools and user-friendly accessibility, making it a standout option in the competitive world of design software. Whether you are an experienced designer working on intricate projects or a hobbyist exploring creative ideas, Graphite promises to deliver a combination of precision, flexibility, and ease of use. Its toolset is specifically tailored for detailed 2D design work, allowing users to transform complex concepts into reality. Key aspects that make Graphite unique include: Precision Tools: Engineered for high-level workflows, these tools empower professionals to create detailed and accurate designs. Engineered for high-level workflows, these tools empower professionals to create detailed and accurate designs. Intuitive Features: Simplifies the design process, making advanced tools accessible to users of all skill levels, including beginners. Simplifies the design process, making advanced tools accessible to users of all skill levels, including beginners. Versatility: Supports a wide range of design needs, from graphic design to conceptual exploration, making sure it adapts to various creative demands. By combining these attributes, Graphite positions itself as a tool that not only meets but exceeds the expectations of its diverse user base. Innovative Features Under Development As an alpha-stage application, Graphite is in a phase of active development, where its features are being refined and expanded. This stage provides developers with the freedom to experiment with new tools that challenge traditional design software norms. The integration of emerging technologies is a key focus, aimed at enhancing both usability and efficiency. The alpha phase also offers users a unique opportunity to participate in the development process. By providing feedback, you can directly influence the direction of the software, making sure it aligns with real-world needs. This collaborative approach fosters a dynamic relationship between developers and users, creating a platform that is not only innovative but also tailored to its audience. Some of the most exciting features in development include: Advanced Rendering Capabilities: Designed to streamline workflows while delivering high-quality visuals, allowing you to focus on creativity. Designed to streamline workflows while delivering high-quality visuals, allowing you to focus on creativity. Intuitive User Interfaces: Reduces the learning curve, allowing users to navigate the software effortlessly and focus on their designs. Reduces the learning curve, allowing users to navigate the software effortlessly and focus on their designs. Enhanced Collaboration Tools: Assists teamwork and feedback, making it easier to collaborate on projects with others in real time. These features highlight Graphite's commitment to redefining the possibilities of 2D design, making sure it remains at the forefront of technological innovation. Graphite : A promising 2D Design App in 2025 Watch this video on YouTube. Find more information on design apps by browsing our extensive range of articles, guides and tutorials. How Emerging Technologies Drive Graphite's Vision Graphite's development reflects broader trends in design technology, positioning it as a forward-thinking solution for modern creators. By incorporating emerging tools and techniques, the application aims to push the boundaries of what is possible in 2D design. This forward-looking approach not only enhances the software's functionality but also enables users to explore creative possibilities that were previously unattainable. Key innovations shaping Graphite include: AI-Driven Design Assistance: Automates repetitive tasks, allowing you to focus on the creative aspects of your work. Automates repetitive tasks, allowing you to focus on the creative aspects of your work. Cloud Integration: Enables seamless access to projects across devices, making sure flexibility and convenience. Enables seamless access to projects across devices, making sure flexibility and convenience. Customizable Workflows: Adapts to individual preferences, providing a tailored experience that enhances productivity. These advancements not only improve efficiency but also open new doors for creativity, making Graphite a tool that evolves alongside the needs of its users. Why Early Adopters Should Engage For those intrigued by the idea of shaping the future of design software, Graphite's alpha phase presents a rare opportunity. Early adopters play a crucial role in the development process, gaining firsthand experience with a platform that has the potential to redefine 2D design. Benefits of engaging with Graphite during its alpha phase include: Exclusive Access to New Features: Be among the first to explore and test innovative tools still in development. Be among the first to explore and test innovative tools still in development. Direct Influence on Development: Share your insights and suggestions to help shape the software's final form. Share your insights and suggestions to help shape the software's final form. Stay Ahead of Industry Trends: Gain early exposure to a platform that could set new standards for 2D design applications. While the alpha version may not yet include all planned features, it offers a valuable preview of what's to come. By participating in this stage, you contribute to the creation of a tool designed to meet the evolving demands of designers. The Future of 2D Design with Graphite Graphite represents a bold step forward in the world of 2D design applications. With its focus on advanced tools, innovative features, and user collaboration, it has the potential to become a go-to solution for both professionals and hobbyists. As the software continues to evolve during its alpha phase, it will be fascinating to see how it adapts to the ever-changing needs of the design community. Whether you are a seasoned professional seeking precision or a creative enthusiast exploring new possibilities, Graphite offers a platform worth exploring. By engaging with the application during its alpha phase, you not only gain early access to a promising tool but also play an active role in shaping the future of design software. Media Credit: Momo PTFL Filed Under: Guides, Technology News Latest Geeky Gadgets Deals Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn about our Disclosure Policy.
South China Morning Post
31-05-2025
- Business
- South China Morning Post
Tech war: US chip design software firm Synopsys halts China sales
Semiconductor design software firm Synopsys has told staff in China to halt services and sales in the country and stop taking new orders to comply with new US export restrictions, according to an internal letter reviewed by Reuters. Advertisement The US had ordered a broad swathe of companies to stop shipping goods to China without a licence and revoked licences already granted to certain suppliers, Reuters reported on Wednesday, citing people familiar with the matter. Products affected include design software and chemicals for semiconductors, they said. Synopsys on Thursday suspended its annual and quarterly forecasts after it received a letter from the Bureau of Industry and Security of the US Department of Commerce, informing it of new export restrictions related to China. The internal letter sent to staff in China on Friday said 'based on our initial interpretation, these new restrictions broadly prohibit the sales of our products and services in China and are effective as of May 29, 2025'. Advertisement To ensure compliance, Synopsys said it was blocking sales and fulfilment in China and halting new orders until it received further clarification.
Free Malaysia Today
30-05-2025
- Business
- Free Malaysia Today
Synopsys halts China sales due to US export restrictions
To ensure compliance, Synopsys said it is blocking sales and fulfillment in China and halting new orders until it receives further clarification. (Getty Images pic) BEIJING : Semiconductor design software firm Synopsys has told staff in China to halt services and sales in the country and stop taking new orders to comply with new US export restrictions, according to an internal letter reviewed by Reuters. The US has ordered a broad swathe of companies to stop shipping goods to China without a license and revoked licenses already granted to certain suppliers, Reuters reported on Wednesday, citing people familiar with the matter. 'Products affected include design software and chemicals for semiconductors,' they said. Yesterday, Synopsys suspended its annual and quarterly forecasts after it received a letter from the bureau of industry and security of the US department of commerce, informing it of new export restrictions related to China. The internal letter sent to staff in China today said, 'based on our initial interpretation, these new restrictions broadly prohibit the sales of our products and services in China and are effective as of May 29, 2025'. To ensure compliance, Synopsys said it was blocking sales and fulfillment in China and halting new orders until it receives further clarification. 'The measures affect all customers in China, including employees of global customers working at sites in China and Chinese military users wherever they are located,' the letter added. The steps Synopsys is taking in light of the new restrictions have not been previously reported. Synopsys declined to comment. Alongside Cadence and Siemens EDA, Synopsys is among the top three companies that dominate electronic design automation (EDA) software that chipmakers can use to design semiconductors used in everything from smartphones to computers and cars. Restricting Chinese firms' access to EDA tools would be a big blow to the industry as Chinese chip design customers heavily rely on top-of-the-line US software. Synopsys, Cadence and Siemens's Mentor Graphics control more than 70% of China's EDA market, Chinese state news agency Xinhua reported in April. Chinese companies that have said they use Synopsys and Cadence software include design firm Brite Semiconductor, Zhuhai Jieli and semiconductor IP portfolio provider VeriSilicon. The letter sent to staff in China today also said that Chinese customers' access to its customer support portal SolvNetPlus had been disabled.
Yahoo
30-05-2025
- Business
- Yahoo
Exclusive-Synopsys halts China sales due to US export restrictions, internal memo shows
By Liam Mo and Brenda Goh BEIJING (Reuters) -Semiconductor design software firm Synopsys has told staff in China to halt services and sales in the country and stop taking new orders to comply with new U.S. export restrictions, according to an internal letter reviewed by Reuters. The U.S. has ordered a broad swathe of companies to stop shipping goods to China without a license and revoked licenses already granted to certain suppliers, Reuters reported on Wednesday, citing people familiar with the matter. Products affected include design software and chemicals for semiconductors, they said. Synopsys on Thursday suspended its annual and quarterly forecasts after it received a letter from the Bureau of Industry and Security of the U.S. Department of Commerce, informing it of new export restrictions related to China. The internal letter sent to staff in China on Friday said "based on our initial interpretation, these new restrictions broadly prohibit the sales of our products and services in China and are effective as of May 29, 2025." To ensure compliance, Synopsys said it was blocking sales and fulfillment in China and halting new orders until it receives further clarification. The measures affect all customers in China, including employees of global customers working at sites in China and Chinese military users wherever they are located, the letter added. The steps Synopsys is taking in light of the new restrictions have not been previously reported. Synopsys did not immediately reply to a request for comment. Alongside Cadence and Siemens EDA, Synopsys is among the top three companies that dominate electronic design automation (EDA) software that chipmakers can use to design semiconductors used in everything from smartphones to computers and cars. Restricting Chinese firms' access to EDA tools would be a big blow to the industry as Chinese chip design customers heavily rely on top-of-the-line U.S. software. Synopsys, Cadence and Siemens's Mentor Graphics control more than 70% of China's EDA market, Chinese state news agency Xinhua reported in April. Chinese companies that have said they use Synopsys and Cadence software include design firm Brite Semiconductor, Zhuhai Jieli and semiconductor IP portfolio provider VeriSilicon. The letter sent to staff in China on Friday also said that Chinese customers' access to its customer support portal SolvNetPlus had been disabled.
