Adobe throws XD overboard after losing out on $20bn Figma deal

image via techradar.com
image via techradar.com

It’s all over for Adobe XD. After losing out in its $20bn bid for Figma, the firm is conceding defeat in the UI design arena – for now, at least. In the fallout of a deal that saw the company placed under the microscope of competition authorities in Europe and the US, Bloomberg is reporting that Adobe has confirmed it has “no plans to further invest” in its own UI/UX web design software.

https://www.techradar.com/pro/adobe-throws-xd-overboard-after-losing-out-on-dollar20bn-figma-deal