Europe Commission says Adobe's $20B buy of Figma will kill competition
Europe Commission says Adobe's $20B buy of Figma will kill competition
Software duo must respond with remedies – plus: closing deal in '23 likely a Figma of their imagination
Adobe already killed almost all competition in the creative space and I hate that. I'm thankful for software like Davinci Resolve and the Affinity apps.
Recently learned about Krita too, which is more for art but it's nice
There's a plugin for AI generation now
There's also GIMP as a Photoshop alternative
And Dark Table as a Lightroom alternative
Both are pretty great IMO
Krita is a lot better than Gimp if you need a PS alternative
Obligatory shout out to Blender, the most amazing community project ever. And GPL'd to boot! Suck it Adobe! obscene crotch tugging gestures
Kdenlive is also a really cool video editor. I use it occasionally. You don’t see many professionals using it but honestly it can do a lot more than what most people give it credit for.
Adobe should have Never been allowed to buy Macromedia, what a massive crime that was. I had fully shifted off all Adobe products and was using Macromedia for everything... then that happened. Its all been downhill since that.
You just made me remember Dreamweaver. Moving to DW from FrontPage felt like moving to IntelliJ Idea from Eclipse.
For anyone using Figma, there's a free open source alternative called PenPot that's quite decent.
Awesome! Found out about Figma last week so I'll use this instead.
Ligma?
Figma balls
Came here just to be sure SOMEONE said it
Figma dick in Adobe’s mouth
American capitalism no longer innovates. It now only stifles competition through patent abuse, regulations that make market entry difficult to impossible and domination of market resources. If all of that fails then they buy the competition and increase prices before repeating the whole cycle all over again.
This is why my digital art pipeline is FOSS at every turn. I dropped like $300 for Substance Designer / Painter's indie license. I was so excited to learn it.
...and then it got "rolled into the AdObE FaMiLy" and is subscription-only (right after they promised angry users they would do no such thing and we didn't believe it for a second) and now it's mega bloated "iNdUsTrY StAnDaRd" lock-in-ware like the rest.
So I basically just learned my lesson about commercial software rug-pulls.
Adobe to the EC: "Figma balls!"
This is the best summary I could come up with:
Updated The European Commission says Adobe's proposed $20 billion purchase of web-first design collaboration startup Figma will harm competition in the region unless the pair devise remedies to resolve this.
The transaction would represent the most expensive sale of a privately owned software company in history, and was flagged as a concern by 16 member states of the European Union in February, such is the lack of credible alternatives to Adobe on the market.
The EC leaned in for an in-depth investigation of the merger in August, and late on Friday evening - in the Euro time zone - it delivered the damning preliminary verdict in a Statement of Objections.
By erasing Figma as a competitive hurdle, Adobe would also tighten its grip on the supply of vector and raster editing tools, the EC added.
The sale was first announced in September 2022, and served to unsettle some developer customers of Figma, ones that were worried Adobe would kill off the free version, or its own XD software, anxiety the clearly EC shares.
The EU's regulator isn't the only one taking a keen interest in the $20 billion merger; the UK's Competition and Markets Authority and the Department of Justice's antitrust team are also inspecting the proposal.
The original article contains 667 words, the summary contains 207 words. Saved 69%. I'm a bot and I'm open source!
There is still hope. I’m not holding my breath tough.
I at first thought it was the action figurine company Figma and was very confused.
$20B? Holy shit that's alot
massively over valued if you ask me.. as are most things in the tech sector
What's Figma?
An UX (user experience) design app. Adobe has his own app for this: Adobe XD (Yes, that’s its actual name) but since nobody wanted it, they decided to buy the competition, that is, Figma.
Read the article.
It was a joke.