{"id":1212554,"date":"2023-12-18T10:35:31","date_gmt":"2023-12-18T15:35:31","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1212554"},"modified":"2023-12-18T10:35:31","modified_gmt":"2023-12-18T15:35:31","slug":"adobe-gives-up-on-20-billion-acquisition-of-figma","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1212554","title":{"rendered":"Adobe gives up on $20 billion acquisition of Figma"},"content":{"rendered":"<div id=\"rss-wrap\">\n<figure class=\"intro-image intro-left\">\n  <img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/12\/adobe-figma-800x533-1.jpg\" alt=\"Adobe and Figma logos\" \/><\/p>\n<p class=\"caption\" style=\"font-size:0.8em\"><a href=\"https:\/\/cdn.arstechnica.net\/wp-content\/uploads\/2023\/12\/adobe-figma.jpg\" class=\"enlarge-link\" data-height=\"682\" data-width=\"1024\">Enlarge<\/a> (credit: <a rel=\"nofollow\" class=\"caption-link\" href=\"https:\/\/www.gettyimages.com\/detail\/news-photo\/the-figma-logo-on-a-smartphone-and-adobe-logo-on-a-laptop-news-photo\/1560708285\">Bloomberg via Getty<\/a>)<\/p>\n<\/figure>\n<div><a name=\"page-1\" \/><\/div>\n<p>Adobe has abandoned its proposed $20 billion acquisition of product design software company Figma, as there was \u201cno clear path to receive necessary regulatory approvals\u201d from UK and EU watchdogs.<\/p>\n<p>The deal had faced probes from both the UK and EU competition regulators for fears it would have an impact on the product design, image editing and illustration markets.<\/p>\n<p>Adobe refused to offer remedies to satisfy the UK Competition and Markets Authority\u2019s concerns last week, according to a document published by the regulator on Monday, arguing that a divestment would be \u201cwholly disproportionate.\u201d<\/p>\n<\/div>\n<p><a href=\"https:\/\/arstechnica.com\/?p=1991739#p3\">Read 17 remaining paragraphs<\/a> | <a href=\"https:\/\/arstechnica.com\/?p=1991739&amp;comments=1\">Comments<\/a><\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: Ars Technica &#8211; <a href=\"https:\/\/arstechnica.com\/?p=1991739\" target=\"_blank\" rel=\"noopener\">Adobe gives up on  billion acquisition of Figma<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Enlarge (credit: Bloomberg via Getty) Adobe has abandoned its proposed $20 billion acquisition of product design software company Figma, as there was \u201cno clear path to receive necessary regulatory approvals\u201d from UK and EU watchdogs. The deal had faced probes &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1212554\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1212555,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[27,110],"tags":[73],"class_list":["post-1212554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ars-technica","category-unfiltered-rss","tag-ars-technica"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1212554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1212554"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1212554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1212555"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1212554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1212554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1212554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}