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Technology

Piero Cingari

EU To Scrutinize Adobe’s $20B Figma Acquisition In Comprehensive Review

Adobe Figma Rafael Henrique Adobe Inc European Union Figma Inc

In this photo illustration, the Figma logo seen displayed on a smartphone. RAFAEL HENRIQUE/SOPA IMAGES/LIGHT ROCKET/GETTY IMAGES © Z News Inc.

The $20-billion acquisition of design startup Figma Inc. by Adobe Inc. is reportedly set to undergo a rigorous review by the European Union’s merger regulators, intensifying the global examination of a deal that Adobe’s CEO has labeled as “game-changing”.

Adobe has chosen not to suggest solutions to potential competition issues, leading to an impending comprehensive investigation by the EU’s competition division, as per sources familiar with the situation contacted by Bloomberg.

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