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Adobe Exclusive: $20bn Figma Acquisition Cancellation Explained

Adobe has announced the cancellation of its planned acquisition of collaboration-software company Figma.

Adobe to move forward independently after Figma acquisition meets regulatory hurdles. PHOTO: Kris Tripplaar/Sipa USA/Newscom
Adobe to move forward independently after Figma acquisition meets regulatory hurdles. PHOTO: Kris Tripplaar/Sipa USA/Newscom

The decision comes after both the European Commission and the UK Competition and Markets Authority expressed concerns about the deal’s potential impact on competition and innovation.

The termination of the cash-and-stock transaction is a mutual agreement between Adobe and

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