Tech Merger Crackdown? Adobe Faces EU Probe Over $20 Billion Purchase Of Figma, Report Says

  • 📰 Forbes
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

The investigation would be the latest into the $20 billion deal, as the Department of Justice prepares an antitrust suit against the deal.

the company is having “productive conversations with regulatory bodies worldwide.”the design start-up—a competitor to Adobe’s photo-editing software PhotoShop—in September, in a deal that Adobe CEO Shantanu Narayen called “transformational.” The acquisition is the company’s latest in a string of purchases, including its $4.75 deal for marketing software company Marketo in 2018 and its $1.275 billion bid for video editing software company Frame.io in 2021.

in March he is “confident” the acquisition will be approved, saying the company is “focused on continuing to impress upon the authorities why this is good.”The probe marks the latest example of government resistance against big tech companies. In May, the European Commission’s Irish Data Protection Commission ruled to fine Facebook and Instagram parent company Meta for

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 394. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

BCH Ecosystem Fund Bolsters Cashtokens Ecosystem With $20 Million Investment – Press release Bitcoin NewsPRESS RELEASE. Dubai, July 24, 2023 - The BCH Ecosystem Fund has announced a significant $20 million investment in the Cashtokens ecosystem, following
Fuente: BTCTN - 🏆 531. / 51 Leer más »

Rutgers U. Senate wants a pause in medical schools’ mergerThe university's Senate said it's 'lost confidence' of Rutgers University's president.
Fuente: njdotcom - 🏆 282. / 63 Leer más »