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Adobe Terminates $20 Billion Deal For Figma—Both Firms Say There's 'No Clear Path' For Regulator Approval

The U.K.’s competition watchdog said Adobe failed to propose remedies for regulatory concerns. ....

Bevan Wallace , Shantanu Narayen , Justice Department , European Union , European Commission , Markets Authority , Monday Adobe , Dylan Field , Takeover Of Figma Makes Cofounders Billionaires , Thierry Breton ,

Figma News | Latest News

Latest news on Figma, featuring the latest developments, features, and industry trends related to Figma ....

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Adobe Abandons $20 Billion Acquisition of Figma, Will Pay $1 Billion Breakup Fee

Adobe has announced that it is abandoning its $20 billion acquisition of Figma due to insurmountable regulatory pressure from the EU and UK. ....

United Kingdom , David Wadhwani , Shantanu Narayen , Company Or Figma , European Commission , Markets Authority , United Kingdom Competition , Digital Media Business , Dylan Field , Merger Agreement , Outside Date , Will Pay ,

Adobe, Figma abandon $20bn merger amid opposition from regulators

Adobe and Figma said on Monday that they have mutually agreed to end their planned merger amid opposition from UK and EU regulators. ....

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'Strongly disagree with...': Adobe's Narayen on shelving $20 billion Figma deal

The European Commission said Monday that it was aware of the decision to terminate the deal. ....

United Kingdom , Shantanu Narayen , European Commission , United Kingdom Competition , Markets Authority , Activision Blizzard ,