After Adobe announced its $20B Figma acquisition in September 2022, the deal has stalled due to regulatory challenges and Adobe has shifted its attention to AI (Brody Ford/Bloomberg)

October 13, 2023

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Brody Ford / Bloomberg:

After Adobe announced its $20B Figma acquisition in September 2022, the deal has stalled due to regulatory challenges and Adobe has shifted its attention to AI — – Breakup fee of $1 billion at risk if acquisition doesn’t close — Creative software giant now focused on artificial intelligence

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