Today, Adobe (Nasdaq:ADBE) and Figma announced that they have entered into a mutual agreement to terminate their previously announced merger agreement, ...
Adobe and Figma, the cloud-based design tool, will terminate their planned merger in light of regulatory hurdles, the companies said Monday.
The decision by Adobe and Figma to spike their $20 billion merger on Monday dented the imminent dream of startup riches for Figma investors and employees.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Regulator scrutiny is making tech M&A more onerous. Antitrust probes in ...
Dylan Field believed that selling his software company to a bigger rival would be good for competition and consumers. Regulators saw it differently.
ADOBE walked away from its US$20 billion acquisition of startup Figma after clashing with regulators in Europe and the UK.
Adobe has abandoned its $20 billion Figma takeover due to opposition from antitrust regulators, particularly those in the U.K. and EU. Figma CEO Dylan Field ...
Adobe shelves its US$20bil deal for cloud-based designer platform Figma, pointing to โno clear pathโ for antitrust approval in Europe and the United Kingdom ...
If IPO-hungry investors thought they'd get some relief in the M&A market, the opportunity for a successful exit got a whole lot bleaker in the last few days ...
Mutual decision comes after EU and UK regulators launched competition probes.
ADOBE refused to offer remedies to quell the UK's concerns with the firm's planned US$20 billion purchase of design software maker Figma, imperilling the ...
Why it matters: The agreement to combine the two design software giants shows that the antitrust regime in both the U.S. and abroad continues to loom heavy over ...
Adobe called off plans to buy Figma, a web-based collaborative design platform, citing regulatory opposition to the proposed $20 billion deal.