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Software major Adode's $20 billion acquisition of cloud-based designer platform Figma is reportedly under scrutiny by the antitrust regulators in the European Union, the media reported on Tuesday.
News that industry giant Adobe had purchased Figma for $20 billion rocked the world of digial design. But even if the service moves to Creative Cloud, this isn’t a death sentence for Figma.
The EU regulators are preparing to launch a formal investigation into the acquisition, reports the Financial Times.The
The EU regulators are preparing to launch a formal investigation into the acquisition, reports the Financial Times.The
Adobe’s pending purchase of Figma, the popular online graphics editing and interface design application, is facing yet another challenge. The European Union Commission plans to begin an in-depth investigation into the acquisition, according to a report from The Financial Times, attributed to four sources familiar with the matter.