9 ms·

Would the Adobe + Figma merge failure count?

• eric-hu 2y ago
  > Sources familiar with the matter said that while the two companies had been in constant touch with antitrust agencies in the UK, EU, and United States to work out a path to close the deal, the UK regulators have in recent weeks indicated that it would require remedies for Adobe to divest Figma design, a core asset of the acquisition. https://www.reuters.com/technology/adobe-figma-terminate-20-bln-deal-2023-12-18/ https://www.reuters.com/technology/adobe-figma-terminate-20-... > On December 18, 2023, Figma and Adobe both announced they were mutually agreeing to abandon their merger,[17][18] with Adobe citing that there was "no clear path to receive necessary regulatory approvals from the European Commission and the UK Competition and Markets Authority." https://en.wikipedia.org/wiki/Figma#Attempted_acquisition_by_Adobe https://en.wikipedia.org/wiki/Figma#Attempted_acquisition_by... Only if you count UK/EU regulators.