Adobe-Figma Deal Canceled: What to Expect Next?
Published in
2 min readDec 19, 2023
Adobe decided to drop its plan to buy Figma for $20 billion.
Why? Well, they ran into some issues with the rules in the EU and the UK.
Adobe and Figma agreed to cancel their big merger deal. This is a total U-turn from what they announced back in 2022.
I covered the acquisition deal back then; here it is: