[ad_1] Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday. In a statement, the two companies…
Tag: Figma
Adobe’s Buy of Figma Is ‘Likely’ Bad For Developers, Rules UK Regulator – Slashdot
[ad_1] Paul Kunert reports via The Register: Adobe’s $20 billion buy of web-first design collaboration start-up Figma will harm software developers if it goes ahead as proposed, according to a…
UK regulators say Adobe’s $20 billion Figma acquisition could harm competition
[ad_1] David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 in San Francisco, April 23, 2012. David Paul Morris…
Adobe’s $20 billion bid for Figma in peril after EU warning
[ad_1] Adobe has been issued with a formal antitrust complaint by EU regulators regarding its $20 billion bid for cloud-based product design platform Figma. Following an in-depth investigation that was…
The Adobe exec behind the Figma deal expresses frustration over slow pace of regulatory approval
[ad_1] David Wadhwani, president of digital media at Adobe, speaks during The Wall Street Journal’s WSJ Tech Live conference in Laguna Beach, Calif., on Oct. 17, 2023. Patrick T. Fallon…
EU antitrust probe joins threat to Adobe’s $20 Billion Figma merger
[ad_1] The European Union is launching an in-depth antitrust investigation into Adobe’s bid to acquire product design platform Figma, warning that the deal could “reduce competition in the global markets…
Adobe’s $20 billion Figma buyout deal under UK competition watchdog scanner
[ad_1] The Adobe Systems logo is displayed outside one of the company’s offices. David Paul Morris | Bloomberg | Getty Images Britain’s competition watchdog said on Wednesday it was looking…
Adobe slips on report saying DOJ plans suit to block $20 billion Figma deal
[ad_1] Adobe CEO Shantanu Narayen Mark Neuling | CNBC Adobe shares fell as much as 5% in extended trading following a report that said the U.S. Justice Department is planning…