Adobe ditches $20B Figma takeover under pressure from monopoly cops

Adobe has decided to abandon its $20 billion acquisition of Figma in a concession to regulatory pressure in Europe, the United Kingdom, and the United States. The two software makers said on Monday they had reached a joint decision to cancel the pending deal, which was announced in September, 2022. "It’s not the outcome we …

[Tessier-Ashpool]

Pricey

Adobe subscribers - all 30 million of them - would have had to stump up at least $666 each to make this deal profitable for Adobe. A remarkably pertinent number.