In September 2022, Adobe announced its plan to acquire Figma, the popular web-based collaborative design platform, for a staggering $20 billion in cash and stock. The Adobe Figma acquisition was positioned as a transformative step in the design industry, merging Adobe’s creative tools with Figma’s seamless collaboration features. However, despite the initial excitement, the deal was ultimately abandoned due to regulatory scrutiny. Why Adobe Wanted to Buy Figma The Adobe Figma deal aimed to merge Figma’s highly praised real-time collaboration