Adobe will terminate its $20 billion deal to acquire the software company Figma, after both companies indicated there is “no clear path” for approval from antitrust regulators in the European Union ...
The companies have mutually agreed to terminate the deal, deciding there was ‘no clear path’ to the necessary regulatory approvals. After constant regulatory roadblocks, the multibillion-dollar merger ...
Adobe ADBE0.04%increase; green up pointing triangle has called off its planned $20 billion acquisition of the collaboration-software company Figma, weeks after a U.K. regulator warned that the deal ...
After Figma's first two days of trading on the NYSE, 33-year-old CEO Dylan Field owns a stake worth about $6.6 billion.
Figma is challenging Adobe with its lightweight, cloud-based AI design tools. UiPath helps companies automate tasks traditionally performed by human employees with software robots. The slower-growth ...
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