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Adobe Faces Major Challenge as Figma’s $20B Deal Falls Through

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Adobe and Figma ended their $20 billion acquisition dream this morning after regulators signaled it would continue to be rough going. Figma still gets a $1 billion consolation prize as part of the deal, and as the leader in collaborative design, should land on its feet just fine. Adobe put on a brave face in their public statement, but it has to be deeply disappointed with this outcome. Figma, for its part, has not stood still since the deal was announced, proceeding and planning as the independent company it is. If he is right, that’s precisely why Adobe wanted to buy the company because it saw that too.