Adobe, Figma shelve $20 billion deal after hitting regulatory roadblocksBritain's competition watchdog earlier said on Monday that Adobe would not propose remedies to resolve regulatory concerns regarding the bu...
18 Dec, 2023, 09.12 PM IST
Why has Adobe and Figma called off $20 billion mergerAdobe and Figma's $20 billion merger, aimed at reshaping creativity, crumbles under regulatory scrutiny. As Adobe's CEO cites shared vision...
18 Dec, 2023, 08.33 PM IST
Adobe to defend Figma deal at December 8 EU hearingThe European Commission two weeks ago warned that the deal may reduce competition in the global market for the supply of interactive produc...
29 Nov, 2023, 07.49 PM IST
UK regulator says Adobe's $20 billion Figma deal could harm sectorThe deal would eliminate competition and remove Figma as a threat to Adobe's flagship Photoshop and Illustrator products, according to find...
28 Nov, 2023, 06.19 PM IST
Adobe open to discussions with EU on Figma deal remedies, says chief counselPhotoshop maker Adobe expects to get an EU antitrust warning on its $20 billion bid for cloud-based designer platform Figma and is open to ...
15 Nov, 2023, 10.51 PM IST
UK extends deadline on in-depth probe into Adobe's $20 billion deal for FigmaBritain's competition regulator, on Wednesday, extended by eight weeks the deadline to complete its in-depth probe into Photoshop owner Ado...
25 Oct, 2023, 10.18 PM IST
Adobe's Figma deal faces EU competition investigationThe European Commission said it opened a full-scale investigation into the deal after a preliminary review triggered concerns, confirming a...
07 Aug, 2023, 08.54 PM IST
Adobe's $20-billion Figma deal faces full-scale EU antitrust probeThe move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
25 Jul, 2023, 05.52 PM IST
UK announces in-depth probe of Adobe's $20 billion Figma dealBritain's antitrust regulator on Thursday announced an in-depth probe of Adobe's $20 billion bid for cloud-based designer platform Figma, a...
13 Jul, 2023, 09.35 PM IST
EU antitrust regulators set August 7 deadline for Adobe-Figma dealBritain's competition watchdog on Friday gave Adobe a week to offer remedies to address its concerns or face a deeper investigation.
04 Jul, 2023, 08.58 AM IST
UK regulator may refer Adobe's $20 billion Figma deal to deeper probeThe Competition and Markets Authority (CMA) said the deal would be referred to a phase 2 investigation "unless the parties offer acceptable...
30 Jun, 2023, 04.43 PM IST
Adobe's $20 billion deal to acquire Figma under threat from EU regulatorsEU authorities plan to push forward with a detailed investigation, over anti-competition concerns, which could take many months and may ult...
20 Jun, 2023, 10.39 AM IST
Adobe's $20-billion Figma buyout deal under UK competition watchdog scannerUK Competition and Markets Authority (CMA) said it has set June 30 as the deadline for its phase 1 decision on the Adobe-Figma deal.
03 May, 2023, 06.38 PM IST
US preparing antitrust suit to block Adobe plan to buy FigmaResponding to the report, Adobe said it and Figma were in different product areas, with Figma focusing on interactive designs.
24 Feb, 2023, 10.49 AM IST
Adobe will need EU okay to acquire Figma, regulators sayThe move by the European Commission underlines regulators' worries on Big Tech acquiring smaller innovative rivals and the impact on compet...
16 Feb, 2023, 10.43 AM IST
Adobe buys Figma for $20 Billion. Details hereAdobe bought Figma for $20 Billion and thereby wiped out its biggest competitor in digital design, making it the biggest news for the world...
15 Sep, 2022, 08.49 PM IST
Adobe to buy online design startup Figma in $20 billion dealAdobe is set to release its earnings for the fiscal third quarter on Thursday. Deliberations are ongoing, and terms of a deal could still c...
15 Sep, 2022, 05.49 PM IST