With the acquisition of Affinity, Canva should be able to compete better with Adobe's creative tools

Canva acquires software platform Affinity in $500 million deal. Affinity, formerly Serif, will join Canva's growing product suite in a deal reportedly worth US$380 million (AU$582 million) Affinity will join the Canva product suite.

Canva has acquired Affinity, U.K. design tools maker, Affinity. Canva will be able to target experienced designers and better compete with Adobe's creative tools. With Affinity acquisition, Canva can compete better than Adobe's Creative Suite and other tools.