Don’t expect Figma to find another buyer anytime soon now that its mammoth $20 billion sale to Adobe is off, according to banking and private equity executives. The companies had spent 15 months working on the combination, which called for Adobe to buy Figma, a cloud-based designer platform, for $20 billion. Financial terms were not disclosed. Financial terms were not disclosed. Financial terms were not disclosed.

Source: Forbes December 21, 2023 21:22 UTC