Adobe abandons USD 20 billion Figma deal amid regulatory obstacles
Image Source : REUTERS Adobe terminates USD 20 bn dollar deal with Figma
Adobe (ADBE.O) has reportedly shelved its USD 20 billion deal for Figma- a cloud-based designer platform, reasoning to "no clear path" for antitrust approvals in the UK and Europe for what would have been among the biggest buyouts of a software startup. The cash-and-stock deal was…