Watch CNBC's interview with Adobe CEO Shantanu Narayen

Adobe CEO Shantanu Narayen joins 'Squawk on the Street' to discuss the company's acquisition of design software firm Figma in a deal worth about $20 billion in cash and stock. "We believe that the combination of Adobe and Figma is going to be one of these unique combinations that completely ushers in a new era of collaborative creativity," Narayen tells CNBC.