This time, Adobe’s attempt to purchase Figma was blocked by the United Kingdom. Officials think that this acquisition will leave Photoshop and Illustrator unrivaled.
The world’s largest graphics software company Adobeannounced in September that it would acquire Figma, another graphics software company. announced. According to the statement made at that time, Adobe would pay 20 billion dollars to acquire Figma.
However, in a news we shared with you last week, this agreement can fall into water because the European Union officials prepared a report and according to this report, it was stated that the purchase agreement could harm competition in the sector. we reported. This time too United KingdomA similar move came from .
Prevents buying from the UK
The Competition and Markets Authority, known as the UK competition authority (CMA) decided to block Adobe’s acquisition of Figma. CMA officials stated that with this acquisition, competition in the graphics software industry will be eliminated. According to the CMA, a possible merger would involve Adobe’s Photoshop and Illustrator software. will leave you unchallenged.
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The CMA also shared the considerations that would enable it to approve this acquisition. According to the statement, while Adobe purchased Figma, “overlapping services” will dispose of it. The point here is that Adobe cannot buy Figma when it already has Photoshop and Illustrator. Because the software offered by Figma is already compatible with Photoshop and Illustrator. big the same proportion. Let’s see what kind of reaction Adobe will get in the coming days…
Source :
https://www.gov.uk/government/news/adobe-figma-deal-could-harm-uk-digital-design-sector