Will Adobe acquire Figma by the end of 2024?
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Ṁ465Ṁ39kresolved Dec 18
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On September 15, 2022, Adobe announced an agreement to purchase Figma for $20 billion USD.
Since then, reports have emerged that the U.S. Justice Department is preparing an antitrust lawsuit to block the deal.
Adobe previously created a product which directly competes with Figma, named Adobe XD. As of April 25, 2023, Adobe no longer lists XD in its product lineup and XD is no longer available for download in the Creative Cloud store.
Resolves YES on the date of a press release or similar evidence (SEC filings) announcing the acquisition has been completed, NO on January 1 2025 or if Adobe or Figma announces that the deal is off.
This question is managed and resolved by Manifold.
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https://www.figma.com/blog/figma-adobe-abandon-proposed-merger/
They announced they are abandoning the merger.