Figma and Adobe abandon proposed merger
1–10 of 1001 posts
Re: Figma and Adobe abandon proposed merger
#2Honestly, as a Figma user and fan, this is great news. For Figma employees probably not so much.
Re: Figma and Adobe abandon proposed merger
#3There's a $1B fall through fee, I assume that gets paid to Figma now?
I wander if that will make its way to early employees who were hoping for a liquidity event.
Re: Figma and Adobe abandon proposed merger
#4[deleted]
Re: Figma and Adobe abandon proposed merger
#5I don’t even use Figma, but I a glad Adobe won’t be owning them.
Re: Figma and Adobe abandon proposed merger
#6Excellent news. I think there should be more products, more companies, and more competition. Adobe just buying up it's competition will only ever directly hurt consumers.
See also, "Adobe says the FTC is looking into its subscription cancellation practices." https://www.theverge.com/2023/12/15/24003532/adobe-says-the-...
Re: Figma and Adobe abandon proposed merger
#7It looks like regulators are actually doing their job. I would love to see more of this, along with breaking up companies that have gotten too big for their britches.
Re: Figma and Adobe abandon proposed merger
#8This is sad for the overall M&A market. Companies are going to be scared to enter into these agreements because it’s just a waste of time and money when it inevitably ends up like this.
Re: Figma and Adobe abandon proposed merger
#9Great news for Figma lovers.
Re: Figma and Adobe abandon proposed merger
#10I’m just shocked that it’s been over a year since this merger was announced, I feel like it was sometime this summer, turns out it was last summer!