zlacker

Figma has been such a cool story, I'm so disappointed that the buyout wasn't blocked. Obviously it's an awesome tool and still getting better, but competition is a good thing and I'd really hoped in 5 years we'd have figma and others pushing adobe to be more innovative and user-friendly.

>>willsm+(OP)
Is it not still blocked, or at least under heavy scrutiny? I would also dread Figma being folded into Adobe's bloated ecosystem. Thank god for penpot as mentioned in another comment as I would need an alternative if Figma does indeed get taken over by Adobe.

>>waffl+P8
I bet Adobe would like to back out of the deal too, they paid an extreme premium before tech took a general nosedive. I doubt Figma is worth $20 billion in todays climate.

>>azemet+u9
Maybe not on its own, but it is worth that much to Adobe because it threatens their core business.

>>azemet+u9
> I bet Adobe would like to back out of the deal too

They don't, they already killed their Adobe Xd[0]. Even if it was still around, it was in a different league.

So they very much betting on the deal, they don't want to be out of the UI/UX space entirely.

[0] - The Silent End of Adobe XD: >>36637055

>>paxys+ae
Yeah, I saw this move as a general protective manoeuvre rather than an acquisition intended to become a cash cow in and of itself. Figma is remarkably useful and capable. Over the years I've found myself leaning on it more and more for things I didn't really expect to.

>>_xivi+Rg
Interesting! I missed that last time around.

I do wonder how Adobe will fare with empowered governments in the EU, UK, and US that want to thwart these types of acquisitions for big tech. Frankly I hope they succeed too. Mergers are not good for competitive markets and Adobe nearly owning every tool out their in the design space is extremely bad.

>>willsm+(OP)
US DOJ is still looking into it and perhaps EU would prevail here.

https://www.theverge.com/2023/8/8/23810981/eu-probe-investig...

>>willsm+(OP)
The UK government has definitely scrutinised/continues to scrutinise the deal quite closely