20B - Film Fanatics

$20B Adobe-Figma deal is still stuck in regulatory limbo

October 30, 2023 by Admin

In September 2022, Adobe dropped the bombshell news that it intended to buy Figma for $20 billion. It was a huge chunk of money for a startup that had recently been valued at half that amount, and it was a deal that would make investors and some Figma employees wealthy beyond their wildest dreams. But … Read more

Europe confirms in-depth probe for Adobe’s $20B Figma acquisition

August 8, 2023 by Admin

The European Fee (EC) has confirmed that it’s opening an in-depth investigation into Adobe’s proposed $20 billion bid for digital design software program rival Figma. The Fee stated that the acquisition “could cut back competitors within the international markets for the availability of interactive product design software program and for digital asset creation instruments.” First … Read more