Tag: 20bn

Adobe calls off $20bn deal for Figma after antitrust concerns

Adobe’s planned $20 billion acquisition of online design company Figma is being called off due to pushback in Europe over antitrust concerns, the companies have said. The companies announced the cash-and-stock deal in September 2022, seeking a path with Figma’s web-based, multiplayer capabilities to accelerate the delivery of Adobe’s creative cloud technologies on the web. […]