ANATOLY IVANOV / PROSE / 2023-12-18

FIGMA AND ADOBE CANCEL MERGER!

by Anatoly IVANOV

BUSINESS / WEB DESIGN / OUTSIDE NEWS

Woha! Very unexpected reversal. Figma and Adobe have abandoned their proposed merger, after facing regulatory hurdles in Europe and the UK in particular, where the Competition and Markets Authority rightly determined the deal “would harm the design software market”!

For once, a bit of fairness and rationality in this world of oligopolies, monopolies and monopsonies. Good news for the end-users.

Sorry, Adobe, and with all my respect to the Knolls, you’re no longer the InDesign 1.0 of 1999 we loved, but an unprincipled Macromedia killer and bug-infested SaaS (Sold all assets to Satan).

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