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  • Adobe and Figma abandon $20bn deal

    American technology companies ditch plans for tie-up after meeting opposition from watchdogs including the UK’s Competition and Markets Authority Adobe is ditching its planned $20 billion takeover of Figma, the app design business, after the deal’s future was thrown into doubt by UK and European competition watchdogs, which said they were considering blocking it. In…

  • Adobe and Figma abandon $20bn deal

    American technology companies ditch plans for tie-up after meeting opposition from watchdogs including the UK’s Competition and Markets Authority Adobe is ditching its planned $10 billion takeover of Figma, the app design business, after the deal’s future was thrown into doubt by UK and European competition watchdogs, which said they were considering blocking it. In…

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