The failed acquisition of Figma by Adobe has sparked controversy and regulatory scrutiny. Critics argue that the deal was anti-competitive, while Figma's CEO, Dylan Field, expressed frustration over the regulatory understanding of their business. The potential impact on design software and VC activity has also been highlighted. Some suggest that the UK's regulatory stance could prompt companies to withdraw products from the market.
If the UK is going to block M&A the companies should call their bluff and stop selling their products in the UK Losing the UK would have been better for @figma /,@Adobe than losing their deal https://t.co/vgcE9mQCEj
Of all the deals that have gone through, this is one that I think should have. I guess the world now knows the CMA is still a regulating body on M&A. Bright future for Figma and Adobe. I hope this doesn't discourage VC activity. Onward and upward @Adobe... #Figma #Adobe $ADBE https://t.co/lFZuIGJgLC
Facebook’s IPO was a financial windfall that enabled many early FB designers to become angel investors, pouring millions into design-led startups over the last 10+ years Adobe’s acquisition of Figma would’ve had the same effect × 10 We were just robbed of that design-led future
Dylan Field believed that selling Figma, his software company, to a bigger rival would be good for competition and consumers. Regulators saw it differently. https://t.co/bcU6uEVElo
Figma’s CEO, @zoink, speaks with @m_delamerced in his first interview since the demise of his $20 billion deal with Adobe: “Ultimately, there is some gap between how regulators understand our business and how we understand our business.” https://t.co/WB8iNc5Cjk
Adobe's biggest deal in history just fell through. It could impact design software for years to come. https://t.co/OqqkKV6Yc1
Conversely, it's only because Figma was a real viable business that they encountered regulatory trouble! https://t.co/uGl9VJS4hC
Adobe/Figma: tech M&A suffers design failure https://t.co/8BhZ4FBORw | opinion
Adobe/Figma: tech M&A suffers design failure https://t.co/G1HGm5witF
I’m with Scott here There’s a lot to hate about EU tech regulation, and I feel bad for figma employees, but I find it really hard to argue this acquisition (which it was, not a “merger”) is wasn’t super anti-competitive or that the decision was arbitrary https://t.co/DDFIJ2kZOr