Adobe and Figma end $20B acquisition plans after regulatory headwinds in Europe

Adobe’s $20 billion mega-bid to buy rival Figma is now officially dead, after the companies said today that regulatory pushback in Europe had caused them to put an end to the acquisition plans. “Although both companies continue to believe in the merits and procompetitive benefits of the combination, Adobe and Figma mutually agreed to terminate […]
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Source: TECCRUCH

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