Deals
Adobe’s $20 Billion Deal for Figma Draws DOJ Antitrust Scrutiny
- Regulators have begun talking to Figma’s customers, rivals
- Startup’s $20 billion price is largest private software deal
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The US Justice Department is investigating Adobe Inc.’s $20 billion deal to buy design software startup Figma Inc., according to a person familiar with the matter, a sign the companies could face a drawn-out review of the deal.
The agency has begun talking to Figma’s customers and rivals as part of a probe to determine whether the transaction will hurt competition, the person said, asking not to be identified discussing an ongoing investigation.