Fifteen months into the regulatory review process, Figma and Adobe no longer see a path toward regulatory approval of our proposed acquisition.
Figma balls?
After a 15-Month Figma and Adobe Withdraw Proposed Acquisition After Regulatory Hurdles
Submitted 11 months ago by hypnotic_nerd@programming.dev to technology@lemmy.world
https://www.figma.com/blog/figma-adobe-abandon-proposed-merger/
Comments
war@kbin.social 11 months ago
AI-butchered headlines are my favorite headlines. After a while of baker and bread baking the bread after fifteen minutes. And how!
spudwart@spudwart.com 11 months ago
poopkins@lemmy.world 11 months ago
Feels like I’m having a stroke reading this title.
“Figma and Adobe Withdraw Proposed Acquisition After 15 Months of Regulatory Hurdles”
ftfy
TheGrandNagus@lemmy.world 11 months ago
Shot down by the CMA. Absolutely based.
Adobe must’ve been sure it’d get through because their own competing software has had barely any updates in the past year. Sucks to be them I guess.