| Founded | 2022 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Saas |
| Total raised | 20000 |
| Collapse type | Regulatory Kill |
| Founder | Shantanu Narayen |
Adobe-Figma Acquisition
"Adobe paid $1B to NOT buy Figma — the most expensive failed acquisition in tech history"
Forced closure by regulatory action
Key Events Timeline
In September 2022, Adobe announced it would acquire Figma — the collaborative design tool that had eaten Adobe XD's lunch — for $20B, the largest acquisition in Adobe's history and the largest acquisition of a private software company ever.
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