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Adobe has shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to "no clear path" for approvals from antitrust regulators in the European Union and the UK.
If Adobe wants to deal with the competitive threat that Figma represents to the company — something that we can infer from the $10 billion premium that Adobe is willing to shell out for the ...
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 ...
EU regulators formally filed antitrust charges against Adobe and opposed its $20 billion acquisition of the cloud product design platform Figma. The European Commission launched an in-depth probe ...
Figma gives Adobe almost 70% market share in collaborative design/prototyping software. Overall collaborative software market is worth $21.69 billion. ADBE’s RSI trade signal is now Oversold Buried.
Adobe’s proposed 20 billion US dollar (£15.8 billion) takeover of fellow product design firm Figma could harm competition in the sector, the UK’s competition watchdog has said. The ...
Adobe's planned acquisition of Figma is facing roadblocks in the EU, UK and US, due to concerns that the deal will reduce competition.
BRUSSELS (Reuters) -Adobe's $20 billion bid for cloud-based designer platform Figma could reduce competition in global markets for interactive product design tools and also shut out rivals, EU ...
The latest development in the saga of Adobe and Figma was marked when the CMA closed its formal investigation. It will come to a final decision in early 2024, it said. The Competition and Markets ...
The European Commission will be investigating Adobe's proposed acquisition of software provider Figma, under the EU Merger Regulation. The move has come as the Commission shared concerns over the ...