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Adobe Terminates $20 Billion Acquisition of Figma Amidst Regulator Pressure

Both companies mutually agreed that this was the best path forward. Adobe remains the leading company in editing software, and with the proposed merger with Figma, it could dominate the product design software market. ....

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Britain's only growth area is regulation and red tape

Adobe and Figma announced the termination of their $20bn merger due to what they considered to be immovable regulatory hurdles this week. ....

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Adobe Abandons 20 Bn Figma Acquisition Deal Amid Regulatory Hurdles - BW Businessworld

Citing insurmountable obstacles in obtaining approvals from antitrust regulators in the European Union and the UK, the tech giant expressed disappointment in the lack of a clear path forward, , adobe, Figma ....

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Adobe Officially Cancels $20 Billion Figma Acquisition

Adobe refused to compromise on the deal that regulators feared would create an “all-in-one” design monopoly. ....

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Adobe, Figma Mutually Agree To Terminate Merger

Software major Adobe Inc. (ADBE), Monday announced that it has mutually agreed to terminate its previous merger agreement with Figma, a design platform, The companies agreed to terminate the merger as they believe that they would not be able to receive the necessary regulatory approvals from the European Commission and the UK Competition and Markets Authority according to a joint assessment. ....

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