Stay updated with breaking news from Dylan Field. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Figma’s 31-year-old cofounder and CEO, Dylan Field, struck the largest software merger deal in recent tech history at an unfortunate time. On Monday (Dec.…
Software major Adobe has announced to terminate its $20 billion mega deal to buy its rival Figma after the acquisition hit the regulatory roadblock in the EU and the UK.The companies announced they have entered into a mutual agreement to ...
Adobe has officially tapped out of the $20 billion acquisition for Figma, following pressure from the UK and EU regulators.
Dylan Field believed that selling his software company to a bigger rival would be good for competition and consumers. Regulators saw it differently.
The companies had promised it was a way to "usher in a new era of collaborative creativity," but regulators in three jurisdictions saw it as an unacceptable effort by a software giant to buy a promising future rival.