Adobe gives up on its purchase of Figma

[Bodhitree]

Interesting that the UK competition and mergers authority was the key regulatory hurdle.

Adobe gives up on $20 billion acquisition of Figma

Competition probes in the EU and UK made regulatory approval dicey.

arstechnica.com

 

[buttongerald]

Saw this at work. Kind of happy it didn't go through, regardless of the fact I don't use Figma's service(s). I still remember when they bought up Macromedia, it was a wild time. Then again I always hated Dreamweaver, FrontPage for the win!

 

[MacGizmo]