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After Adobe announced its $20B Figma acquisition in September 2022, the deal has stalled due to regulatory challenges and Adobe has shifted its attention to AI (Brody Ford/Bloomberg)
Oct. 13, 2023, 8:35 p.m. |
Techmeme www.techmeme.com
Brody Ford / Bloomberg:
After Adobe announced its $20B Figma acquisition in September 2022, the deal has stalled due to regulatory challenges and Adobe has shifted its attention to AI — - Breakup fee of $1 billion at risk if acquisition doesn't close — Creative software giant now focused on artificial intelligence
acquisition adobe attention bloomberg challenges deal figma ford regulatory september
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