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Figma reviewing EU's objections against $20 bln Adobe...
Figma said on Friday it was carefully reviewing the EU competition watchdog's statement of objections related to Photoshop maker Adobe's proposed $20 billion bid to buy out the cloud-based designer platform. Adobe's proposition comes amid heightened regulatory scrutiny around the world on Big Tech acquisitions.
Figma reviewing EU's statement of objections for Adobe... Figma says it has received statement of objections related to its proposed $20 billion buyout by Adobe. EU agency had in August opened a full-scale investigation into Adobe's proposed acquisition of Figma.
Adobe open to discussions with EU on Figma deal... Photoshop maker Adobe expects to get an EU antitrust warning on its $20 billion bid for Figma. Adobe open to discussions with EU on Figma deal remedies, says chief counsel.
Adobe faces EU antitrust warning over Figma deal, sources say Adobe's $20 billion bid for Figma is set to face an EU antitrust warning. The European Commission is readying a statement of objections. The move would ratchet up pressure on the Photoshop maker to offer remedies.
Figma Hired 500 Employees Since Adobe Acquisition Announced Figma's headcount has grown roughly 60% since it announced merger plans with Adobe. Figma announced new generative artificial intelligence features in its brainstorming tool. The Adobe acquisition is scheduled to be completed by the end of March.
How Figma and Adobe think they could work together Regulators are still reviewing Adobe’s proposed acquisition of Figma. Both companies see lots of ways their products can work together. The above video shows some of those ideas for the first time.
Figma chief Dylan Field joins Silicon Valley criticism of UK competition watchdog Dylan Field, 31, the founder and chief executive of Figma, attacked the Competition and Markets Authority. He said it had misjudged the size of the market that it was trying to assess.
Figma chief joins Silicon Valley attack on competition watchdog Dylan Field, 31, the founder and chief executive of Figma, attacked the Competition and Markets Authority. He said it had misjudged the size of the market that it was trying to assess.
Design Startup Framer Reinvented Itself After Stalled Growth— And Now It’s Challenging Figma When Framer's revenue slowed, its founders pivoted to helping designers build websites with just a click. With growth exploding, it’s poised to take on unicorns Figma and Webflow. ”This is how all websites will be built in the future and that's what's driving our success here.”
EU probe into Adobe, Figma deal paused, regulators... EU antitrust regulators' investigation into Photoshop maker Adobe's $20 billion bid for cloud-based designer platform Figma has been put on hold. The European Commission said it stopped the clock effective Sept. 19.
Business as usual for EU antitrust regulators despite Vestager's absence Vestager took unpaid leave last week in a bid to become the first woman president of the European Investment Bank. Her antitrust portfolio was subsequently assigned to EU justice chief Didier Reynders. The Belgian commissioner will decide on Adobe's $20 billion bid for Figma and Amazon's $1.7 billion acquisition of iRobot.
Figma to double office space and staff Figma is the latest American technology company to say it is increasing its office space in London. The design software company’s planned expansion would allow it to double its headcount to more than 250 people.
EU opens probe into $20 billion Adobe merger European Commission opens investigation into U.S. software firm Adobe's planned $20 billion takeover of Figma. Tie-up has already come under scrutiny from British anti-trust authority. EU officials are "concerned that the transaction may reduce competition"
Adobe's $20 billion purchase of Figma is being scrutinized by the EU The European Commission has opened an in-depth investigation into Adobe's planned $20 billion purchase of design rival Figma. The EU said it’s concerned about the acquisition diminishing competition for interactive design software and digital asset creation tools. The transaction would be the largest-ever purchase for Adobe.
EU antitrust probe joins threat to Adobe’s $20 Billion Figma merger The European Union is launching an in-depth antitrust investigation into Adobe’s bid to acquire product design platform Figma. The Commission now has until December 14th to decide on the next steps. If approved, it could surpass the $19 billion that Facebook (now Meta) paid for Whatsapp in 2014.
Adobe's Figma deal faces full-scale EU antitrust probe, sources say Adobe's US$20 billion bid for Figma will face a full-scale EU antitrust investigation. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
Adobe's Figma deal faces full-scale EU antitrust probe,... Adobe's $20 billion bid for cloud-based designer platform Figma will face a full-scale EU antitrust investigation. The European Commission earlier this year warned of the threat the deal poses to competition.
Tech Merger Crackdown? Adobe Faces EU Probe Over $20 Billion Purchase Of Figma, Report Says The European Union will launch a probe into Adobe’s $20 billion purchase of design start-up Figma. The probe is the latest antitrust investigation into the massive merger. In the U.S., the Department of Justice is reportedly preparing an antitrust suit to block the deal. An Adobe spokesperson told Forbes the company is having “productive conversations with regulatory bodies worldwide.
UK announces in-depth probe of Adobe's $20 billion Figma deal Britain's antitrust regulator announces an in-depth probe of Adobe's $20 billion bid for Figma. The Photoshop owner said it would not offer any remedies to ease the regulator's concerns. The CMA has until Dec. 27 to conclude its investigation.
UK regulator refers Adobe's $20 billion buyout of Figma to phase 2 probe Britain's antitrust regulator referred Adobe's $20 billion buyout of Figma to an in-depth probe. UK's Competition and Markets Authority said the deal could lead to lesser choice for designers of digital apps, websites and other products.
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