Adobe and Figma scrap US$20 billion merger amid antitrust concerns

Image: Figma

Adobe and Figma have called off their $20 billion merger deal after facing regulatory hurdles in the UK and EU. Adobe will pay Figma a US$1 billion breakup fee in cash. Adobe had little chance to salvage the deal and get what it wanted from Figma, without giving up some of its own products.

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