HomeInternational NewsAdobe-Figma deal over, Figma will gets $1 billion compensation

Adobe-Figma deal over, Figma will gets $1 billion compensation

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  1. Adobe and Figma’s $20 billion acquisition attempt ceased due to regulatory obstacles. Figma still receives a $1 billion consolation prize, remaining a leader in collaborative design.
  2. Adobe aimed to acquire Figma, recognizing their own product, XD, lacked comparative strength. Regulatory barriers halted the acquisition after over a year of negotiation.
  3. The EU competition head viewed the acquisition as anticompetitive, stating it would diminish competition, resulting in higher prices or reduced quality for customers.
  4. Analysts suggest Adobe might refocus on XD or consider acquiring alternative collaboration startups like Miro, Webflow, or InVision, avoiding regulatory scrutiny similar to the Figma acquisition attempt.
  5. While Figma continues independently, it has expanded, hiring 500 employees and developing new features, including tools for developers and a generative AI layer for FigJam. Investors believe in Figma’s potential and foresee growth in the design products market. Adobe, however, faces a need to reassess its design collaboration strategy from scratch.

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