Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

DOJ Preps Antitrust Suit to Block Adobe’s $20B Figma Deal

bloomberg.com

Post reply on HN
Print view View original

51–60 of 89 posts

Re: DOJ Preps Antitrust Suit to Block Adobe’s $20B Figma Deal

#51

Post by danielfoster »

neosat wrote: post #15

Adobe pays a high valuation in an inflated market for Figma, to continue showing growth that has mostly stalled. Also helps them cross-sell their other products once they get into smaller companies where Figma has a strong foothold. Market Tanks, valuations tank (to reasonable levels or perhaps still slightly inflated levels but not as crazy as before) Generative AI brings a new threat (and new potential acquisition…

This would be an interesting play, but Adobe likely agreed to use "best efforts" to complete the transaction as part of the deal. This would include putting up a strong defense to any anti-trust lawsuits Any sort of shenanigans in this area would almost certainly leave a paper trail.

Re: DOJ Preps Antitrust Suit to Block Adobe’s $20B Figma Deal

#52

Post by CyanBird »

twright wrote: post #11
wdb wrote: post #3

I don't agree on the Blizzard stuff but in this instance I agree with what the US government is doing. Adobe is a stronger hold on the design tools market than any other company and Figma was good competition

What separates the two cases for you? Does it come down to there being more gaming companies compared to Microsoft than there are application-design companies compared to Adobe?

In my case at least it is just pure spite against blizzard

Just today they announced that they won't be funding SC2 esports anymore, and it is just yet another chip on their long defaced corporate image from my side of view

Re: DOJ Preps Antitrust Suit to Block Adobe’s $20B Figma Deal

#55

Post by Xcelerate »

To anyone who studies law in this area, is the DOJ at least consistent with regard to the deals they decide to block or allow to go through? I’m not asking whether they are making the right decision, but rather if whatever approach they use is applied the same way across cases each time.

Re: DOJ Preps Antitrust Suit to Block Adobe’s $20B Figma Deal

#57

Post by senttoschool »

bruceb wrote: post #5

I have read more than once Adobe might secretly be ok with this. Price agreed to before valuations fully cratered. I am sure Musk wished the DOJ could have helped him out as well.

It doesn't surprise me at all. $20b is massive overpay. That's Fall 2021 money.

Re: DOJ Preps Antitrust Suit to Block Adobe’s $20B Figma Deal

#58

Post by pc_edwin »

This may ultimately be a positive outcome for those involved with Figma.

Consider Facebook's acquisition of WhatsApp and Instagram, which were acquired at what proved to be bargain prices. The founders came to regret the transaction, while Mr. Zuckerberg appeared prescient.

Although it may appear to be a challenging and lengthy path for Figma to achieve the acquisition premium on its own, I am of the belief that it is a more attainable goal than it may seem.

Moreover, it is worth noting that Adobe not only has the potential to be disrupted, but it is in fact in need of it. The company has been met with widespread criticism for various reasons, and as such, it presents an opportune market for Figma to capitalize upon.

Re: DOJ Preps Antitrust Suit to Block Adobe’s $20B Figma Deal

#59

Post by nindalf »

twright wrote: post #11
wdb wrote: post #3

I don't agree on the Blizzard stuff but in this instance I agree with what the US government is doing. Adobe is a stronger hold on the design tools market than any other company and Figma was good competition

What separates the two cases for you? Does it come down to there being more gaming companies compared to Microsoft than there are application-design companies compared to Adobe?

Stratechery did a really good analysis of why the Blizzard acquisition should go ahead.

Re: DOJ Preps Antitrust Suit to Block Adobe’s $20B Figma Deal

#60

Post by leetrout »

notpushkin wrote: post #54
benatkin wrote: post #21

Damn. With penpot destined to take Figma's place I thought things were going swimmingly. I'd rather they put that effort into FAANGs.

I do hope Penpot takes Figma's place, but you just can't be so sure at this point.

First I have heard of Penpot.

Do you have a favorite link that gives more insight on why you want it at the top?

Post reply on HN