Tag: figma

Here you will find all the articles with the tag: figma.

Figma will not become a part of Adobe: deal terminated

Figma will not become a part of Adobe: deal terminated

Adobe's acquisition of Figma has been officially terminated. The companies state this is the result of a joint decision. Getting the acquisition past regulators would have proved to be too complicated. Both the European Commission and the UK market authority are obstructing Adobe's acquisition ... Read more

date6 months ago
European Commission shares concerns surrounding Adobe-Figma deal

European Commission shares concerns surrounding Adobe-Figma deal

The European Commission shared concerns surrounding Adobe's acquisition of Figma. Unless a list of potential monopoly risks is addressed, the deal will not be completed. The Figma acquisition is not going smoothly for Adobe. The deal worth 20 billion euros, meanwhile, has been running into inve... Read more

date7 months ago
UK set to probe Adobe’s $20B Figma acquisition

UK set to probe Adobe’s $20B Figma acquisition

The British competition authority is looking into the US tech giant Adobe's plans to buy Figma. It is one of its biggest rivals in the creative software industry. On Friday the UK's Competition and Markets Authority (CMA) announced that it was preparing to put Adobe's planned acquisition of digi... Read more

date12 months ago
‘EU investigation threatens Adobe takeover of Figma’

‘EU investigation threatens Adobe takeover of Figma’

Adobe appears to be in the crosshairs of the EU competition watchdog. At issue is the design software giant's attempt to acquire Figma. Figma is a Web application that allows users to create user interface (UI) and user experience (UX) designs among other capabilities. Adobe put forward $20 bill... Read more

date12 months ago
EC to examine proposed acquisition of Figma by Adobe

EC to examine proposed acquisition of Figma by Adobe

The $20 billion deal will be reviewed at the request of 16 EU member states. The European Commission has decided that it will "assess" Adobe's proposed acquisition of Figma, a company that offers a web-based collaborative tool for product design, Figma Design, as well as a whiteboarding tool, Fi... Read more

date1 year ago
Adobe acquires interface design platform Figma for €20 billion

Adobe acquires interface design platform Figma for €20 billion

Adobe plans to acquire Figma for €20 billion. The deal includes Figma's cloud-based interface design platform. Adobe also announced its latest quarterly results. The acquisition of Figma should bring additional creative solutions to Adobe's portfolio. For Figma, the acquisition is an opportuni... Read more

date2 years ago