Lee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 9 months agoAdobe abandons $20 billion acquisition of Figmawww.theverge.comexternal-linkmessage-square19fedilinkarrow-up186arrow-down14cross-posted to: technology@lemmy.worldtechnology@lemmy.worldtechnology@lemmy.world
arrow-up182arrow-down1external-linkAdobe abandons $20 billion acquisition of Figmawww.theverge.comLee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 9 months agomessage-square19fedilinkcross-posted to: technology@lemmy.worldtechnology@lemmy.worldtechnology@lemmy.world
minus-squaresimple@lemm.eelinkfedilinkEnglisharrow-up9·9 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.