Christmas

  • Adobe abandons $20B acquisition of Figma

    Adobe abandons $20B acquisition of Figma

    Jess Weatherbed reporting at The Verge writes: Following mounting pressure from regulators in the UK and EU, Adobe and Figma announced on Monday that both companies are mutually terminating their merger agreement, which would have seen Adobe acquire the Figma product design platform for $20 billion. As a result of the termination, Adobe will be required to pay Figma…