Collection

Tag: antitrust

Adobe’s $20 Billion Figma Deal: The Acquisition That Never Closed

Adobe's proposed $20 billion Figma acquisition became a landmark example of strategic urgency, peak software valuation, regulatory risk, and the cost of a transaction that never reached closing.

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IBM Unbundles Software: The Business-Model Shift That Made Independent Software Investable

IBM's 1969 unbundling decision forced software and many services to acquire explicit prices, validating independent software as an investable business rather than a free accessory to hardware.

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