How the Adobe Board Swung the Figma Deal episode artwork

EPISODE · Jun 13, 2026 · 8 MIN

How the Adobe Board Swung the Figma Deal

from Boardroom Conversations with Fexingo: CEOs, Strategy, and Corporate Leadership Explained · host Fexingo

In episode 49 of Boardroom Conversations, Lucas and Luna examine the boardroom dynamics behind Adobe's failed $20 billion acquisition of Figma. They break down how Adobe's board convinced itself that buying the design competitor was the right move, the regulatory challenges that killed the deal, and how the board handled the aftermath — including the $1 billion breakup fee and what it means for future M&A in design software. The hosts also explore how Figma's board managed the deal from the other side, including founder Dylan Field's leadership through the scrutiny. #Adobe #Figma #BoardroomConversations #MergersAndAcquisitions #CorporateStrategy #DesignSoftware #RegulatoryScrutiny #BreakupFee #DylanField #ShantanuNarayen #DavidWadhwani #FexingoBusiness #BusinessPodcast #Business #Strategy #TechMergers #BoardroomDynamics #FailedDeals Keep every episode free: buymeacoffee.com/fexingo

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How the Adobe Board Swung the Figma Deal

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This episode was published on June 13, 2026.

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