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Adobe walks away from its $20 billion Figma acquisition amid regulatory scrutiny
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Adobe walks away from its $20 billion Figma acquisition amid regulatory scrutiny
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19th December 2023, 06:26
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,769
 |  Adobe walks away from its $20 billion Figma acquisition amid regulatory scrutiny Adobe is abandoning its planned $20 billion acquisition of Figma after the companies determined that there was no clear path to obtaining approval from UK and European Union regulators. The two sides have signed an agreement that fully resolves all aspects of the failed deal. Adobe will pay collaborative design platform Figma a previously agreed $1 billion termination fee. https://www.engadget.com/adobe-walks...6.html?src=rss |
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