Adobe Abandons Figma Acquisition Over Regulatory Issues

By Adedapo Adesanya Creative digital technology giant, Adobe, will no longer acquire Figma, a leading web-first collaborative design platform, for $20 billion in cash and stock, 15 months after the deal was announced due to the hesitation of regulators to approve the transaction. Business Post reported in September 2022 that when approved, Adobe and Figma… Continue reading Adobe Abandons Figma Acquisition Over Regulatory Issues

Adobe Buys Design Platform Figma for $20bn 

By Adedapo Adesanya Creative digital technology giant, Adobe, has entered into a definitive merger agreement to acquire Figma, a leading web-first collaborative design platform, for $20 billion in cash and stock. In a press release seen by Business Post, it was stated that the combination of Adobe and Figma will usher in a new era… Continue reading Adobe Buys Design Platform Figma for $20bn