Adobe-Figma acquisition

CB Insights estimates that Figma is still worth between $8.3 billion and $9 billion A failed acquisition often spells doom for the target company. But despite its $20 billion takeover by Adobe not going through, there are reasons to think that Figma will be just fine. That the online design company will get a $1 billion termination fee from Adobe will help soften the blow. But it is not the windfall some think it is; spending more than a year in regulatory limbo always takes a toll…

Adobe has called off its deal to acquire Figma for $20 billion due to regulatory concerns in the EU and the United Kingdom, adding yet another data point to worries that the stricter stances taken by the world’s governments regarding competition rules may negatively impact startup exits. Venture capitalists and founders were already worried about exits after Visa’s $5.6 billion acquisition of Plaid in 2020 was canceled after a tough battle with regulators. And the appointment of Lina Khan, known…

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…

Adobe and Figma ended their $20 billion acquisition dream this morning after regulators signaled it would continue to be rough going. Figma still gets a $1 billion consolation prize as part of the deal, and as the leader in collaborative design, the company should land on its feet just fine. But for Adobe, it could be another story. They badly wanted this company, recognizing that the offering they had put up to compete with it, XD, wasn’t nearly as strong. They tried to use their corporate clout to get control of…