Figma and Adobe have decided to end their proposed acquisition after 15 months of regulatory review. Despite efforts to demonstrate the differences between the two companies and their products to regulators, they no longer see a path to approval. While disappointed, Figma remains committed to its goal of bridging the gap between imagination and reality in the digital economy. Over the past 15 months, Figma has launched new products, expanded its reach, acquired a startup, and added more members to its team. Figma is grateful for its community’s support and looks forward to an exciting future.
https://www.figma.com/blog/figma-adobe-abandon-proposed-merger/