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Adobe shelves $20 bn Figma deal after hitting regulatory roadblocks

The cash-and-stock deal, announced in September last year, was the latest to draw tough scrutiny from regulators worried about Big Tech acquisitions that boost the market power of dominant companies or involve startups seen as nascent rivals. ....

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Adobe, Figma shelve $20 bln deal after hitting regulatory roadblocks, ET Telecom

Adobe: The cash-and-stock deal, announced in September last year, was the latest to draw tough scrutiny from regulators worried about Big Tech acquisitions that boost the market power of dominant companies or involve startups seen as nascent rivals. ....

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Adobe and Figma abandon $20bn acquisition plans citing regulatory pressure

Adobe and Figma have mutually agreed to terminate the planned $20 billion acquisition deal due to regulatory headwinds from both the European Commission and UK's Competition and Markets Authority (CMA), and the likelihood of similar action by the US Department of Justice (DOJ). ....

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Adobe, Figma Drops $20B Merger Amidst Regulatory Pressure from the UK, EU

Adobe and Figma are no longer merging as regulators pressure their deal. The supposed $20 billion merger of Adobe and Figma is now canceled, with both companies mutually dropping their agreements, ending what was supposed to be one of the largest acquisitions of the renowned software company. ....

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Adobe Cancels $20 Billion Figma Acquisition

Adobe has officially tapped out of the $20 billion acquisition for Figma, following pressure from the UK and EU regulators. ....

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