Adobe abandons its $20B Figma acquisition plan amid regulatory scrutiny

Adobe has decided to drop its $20 billion strategy to buy Figma as they have concluded that there’ll be no straightforward approval from the regulators in the UK and European Union. An agreement has been signed between the two parties resolving all matters related to the unsuccessful deal. Adobe will now proceed with the payout … Continue reading Adobe abandons its $20B Figma acquisition plan amid regulatory scrutiny