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  • Writer's pictureDT Economics

Adobe Figma Phase 2 inquiry launched

One of our partners, David Thomas has been appointed to a Competition and Markets Authority panel to investigate the proposed merger of Adobe and Figma. Adobe is a global software developer and specialises in products which allow customers to create and edit images (including its industry-standard Photoshop and Illustrator applications), as well as video, motion design, and interactive content. Figma, which was founded in 2012, is a leading provider of screen design and whiteboarding tools. Screen design software is an increasingly essential tool that enables users to design digital products and services such as applications and websites. Adobe announced it would acquire Figma for $20 billion in September 2022.

For more information - see the CMA web page: https://www.gov.uk/cma-cases/adobe-slash-figma-merger-inquiry



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