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Adobe walks away from its $20 billion Figma acquisition amid regulatory scrutiny

Adobe and Figma have abandoned their $20 billion merger plan after determining there was no clear way to gain approval from UK and European Union regulators. ....

United Kingdom , Shantanu Narayen , Us Department Of Justice , European Union , European Commission , Markets Authority , Figma Design ,

Adobe, Figma to terminate $20 billion deal over regulatory hurdles

Adobe, which struck the deal in September last year, has forecast its annual and quarterly revenue below estimates as tightened client spending remains a drag on its business. ....

United Kingdom , Shantanu Narayen , European Union , Regulatory Hurdles ,

Adobe embroiled in antitrust issues, forecasts revenue below estimates, ET Telecom

Adobe: The San Jose, California-based company said in a regulatory filing that since June 2022 it has been cooperating with FTC in response to a civil investigative demand seeking information regarding its disclosure and subscription cancellation practices. ....

United States , San Jose , Federal Trade Commission , European Commission , Competition And Markets Authority , Antitrust Issues , Regulatory Scrutiny ,