Adobe and Figma Terminate $20 Billion Deal After Regulator Clash
- Adobe has focused on generative AI products this year
- The companies see ‘no clear path’ to regulatory approval
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Adobe Inc. walked away from its $20 billion acquisition of startup Figma Inc. after clashing with regulators in Europe and the UK.
Adobe will pay Figma a $1 billion termination fee, the companies said in a statement Monday. They saw “no clear path” to getting regulatory approvals from the European Commission and the UK’s Competition and Markets Authority.