After a 15-Month Figma and Adobe Withdraw Proposed Acquisition After Regulatory Hurdles

hypnotic_nerd@programming.dev to Technology@lemmy.world – 85 points –
Figma and Adobe are abandoning our proposed merger | Figma Blog
figma.com

Fifteen months into the regulatory review process, Figma and Adobe no longer see a path toward regulatory approval of our proposed acquisition.

10

Shot down by the CMA. Absolutely based.

Adobe must've been sure it'd get through because their own competing software has had barely any updates in the past year. Sucks to be them I guess.

AI-butchered headlines are my favorite headlines. After a while of baker and bread baking the bread after fifteen minutes. And how!

Feels like I'm having a stroke reading this title.

"Figma and Adobe Withdraw Proposed Acquisition After 15 Months of Regulatory Hurdles"
ftfy