Bloomberg Law
March 22, 2023, 6:22 PM

Adobe Trying to Win Over Authorities on Figma Deal, CEO Says

Brody Ford
Brody Ford
Bloomberg News
Caroline Hyde
Caroline Hyde
Bloomberg News

Adobe Inc. Chief Executive Officer Shantanu Narayen said the company is still working to convince authorities that its purchase of design startup Figma Inc. isn’t anticompetitive, even as regulators prepare a lawsuit to block it.

“At this point, we are focused on continuing to impress upon the authorities why this is good,” Narayen said in an interview with Bloomberg Television from a company conference in Las Vegas. “We are confident about the deal terms.”

Adobe is counting on Figma to help to expand its web-based offerings and make inroads with product designers and nonprofessionals. But antitrust enforcers are concerned about ...

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