Adobe and Figma end $20B acquisition plans after regulatory headwinds in Europe

TechCrunch
By Paul SawersDec 18, 2023, 8:21 am123 pts
Adobe’s $20 billion mega-bid to buy rival Figma is now officially dead, after the companies said today that regulatory pushback in Europe had caused them to put an end to the acquisition plans. In a blog post today, Figma CEO and co-founder Dylan Field said that they reached the “joint decision” after…

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