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Adobe-Figma $20B Acquisition Deal Abandoned Amid Regulatory Opposition

Figma to Receive $1B Termination Fee; Adobe's Share Price Rises 3% on News

  • Adobe and Figma have abandoned their $20 billion acquisition deal due to opposition from antitrust regulators in the U.K. and EU.
  • Figma will receive a $1 billion termination fee from Adobe.
  • Adobe's share price rose 3% following the news, indicating investor approval of the decision.
  • Regulators were concerned about the formation of an anti-competitive creative software monopoly.
  • The failed deal could impact the design community and the software that supports it for years to come.
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