Adobe’s Figma buy isn’t going to happen, and will cost Adobe $1 billion

CAT December 18, 2023 1 min read

Adobe has dropped its $20 billion acquisition of Figma after expressing concerns that there was “no clear path” to do so because of regulatory concerns.

Adobe

On Monday, Adobe and Figma announced they would mutually terminate their merger agreement following increased pressure from E.U. and U.K. regulators.

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