In a surprising turn of events, Adobe (Nasdaq:ADBE) and Figma announced the mutual termination of their previously announced merger agreement, initially slated for a mix of cash and stock consideration and announced in September 2022. Regulatory Hurdles Halt the Acquisition Both companies, while believing in the merger’s procompetitive benefits, have determined that there is no […]
Publicis Groupe, a French advertising and communications company, has acquired Corra, a US-based digital agency specializing in e-commerce solutions, for an undisclosed price. With this acquisition, Corra will become a part of Publicis Sapient, the digital business transformation arm of Publicis Groupe. The addition of Corra will bolster Publicis Sapient’s existing expertise in commerce solutions, […]
Infosys, an Indian global technology company, has announced a collaboration with Adobe as part of its Tech for Good charter with an aim to transform the digital workforce through the Infosys Springboard online learning platform. As part of the collaboration, both organizations have set a target to create over 10,000 new Adobe-certified experts globally by […]
HCL Technologies (HCLTech) has launched HCLTech Metafinity, the company’s latest digital innovation to help enterprises develop exciting use cases in the metaverse and offer real-time, immersive experiences to their customers. HCLTech Metafinity focuses on industrialized applications for retail, financial services, consumer products, hi-tech manufacturing, telecom, life sciences, and healthcare sectors. It offers domain-specific capabilities using […]
Adobe acquisition of Figma : Computer software giant Adobe has signed a cash and stock deal worth nearly $20 billion to acquire web-first collaborative design platform Figma. Established in 2012 by Dylan Field and Evan Wallace, Figma is a collaborative web application that enables the collaboration of people who design interactive mobile and web applications […]
Adobe has agreed to acquire Workfront, a Utah-based company that develops web-based work management and project management software, for $1.5 billion. Established in 2001, Workfront provides solutions to help marketers in managing their content, in planning and tracking marketing campaigns, and also for carrying out complex workflows across teams. Workfront’s combination with Adobe Experience Cloud […]