to showcase and enhance the execution of new Sensei-powered services for Adobe Creative Cloud and Experience Cloud clients and engineers. Adobe and NVIDIA have co-operated for over 10 years on empowering GPU quickening for a wide arrangement of Adobe's creative and computerized encounter items. This incorporates Sensei-powered features, for example, auto lip-sync in Adobe Character Animator CC and face-aware editing in Photoshop CC, and also cloud-based AI/ML items and features, for example, picture investigation for Adobe Stock and Lightroom CC and auto-labeling in Adobe Experience Supervisor. In May 2018, Adobe stated they would buy e-commerce services provider Magento Commerce from private equity firm Permira for $1.68 billion. This deal will help bolster its Experience Cloud business, which provides services including analytics, advertising, and marketing. The deal is closed on June 19, 2018. In September 2018, Adobe announced its acquisition of marketing automation software company Marketo. In October 2018, Adobe officially changed its name from Adobe Systems Incorporated to Adobe Inc. In January 2019, Adobe announced its acquisition of 3D texturing company Allegorithmic. In 2020, the annual Adobe Summit was canceled due to the COVID-19 pandemic. The event took place online and saw over 21 million total video views and over 2.2 million visits to the event website. The software giant has imposed a ban on the political ads features on its digital advert sales platform as the United States presidential elections approach. On November 9, 2020, Adobe announced it will spend US$1.5 billion to acquire Workfront, a provider of marketing collaboration software. The acquisition was completed in early December 2020. On August 19, 2021, Adobe announced it had entered into a definitive agreement to acquire Frame.io, a leading cloud-based video collaboration platform. The transaction is valued at $1.275 billion and closed during the fourth quarter of Adobe's 2021 fiscal year. On September 15, 2021, Adobe Inc formally announced that it will add payment services to its e-commerce platform this year, allowing merchants on their platform a method to accept payments including credit cards and PayPal. In September 2022, Adobe announced that it had agreed to buy the software design start-up Figma for $20billion. The cloud-based design software from Figma directly competes with Adobe XD. The deal faces regulatory scrutiny. In February 2023, it was announced the European Commission would review the acquisition under European Union merger regulation (EUMR). Finances Products Adobe's currently supported roster of software, online services and file