Lee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 11 months agoAdobe abandons $20 billion acquisition of Figmawww.theverge.comexternal-linkmessage-square9fedilinkarrow-up110arrow-down10cross-posted to: technology@lemmy.worldtechnology@lemmy.world
arrow-up110arrow-down1external-linkAdobe abandons $20 billion acquisition of Figmawww.theverge.comLee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 11 months agomessage-square9fedilinkcross-posted to: technology@lemmy.worldtechnology@lemmy.world
minus-squaresimple@lemm.eelinkfedilinkEnglisharrow-up1·11 months agoAwesome news. Bless the regulators fighting back. As a result of the termination, Adobe will be required to pay Figma a reverse termination fee of $1 billion in cash. This does bring a smile to my face. Maybe companies will actually stop trying to mass acquire everything when there are risks involved.
Awesome news. Bless the regulators fighting back.
This does bring a smile to my face. Maybe companies will actually stop trying to mass acquire everything when there are risks involved.