(AOF) – Adobe is expected in the red on Wall Street as the US Department of Justice prepares to block the acquisition of Figma, says Bloomberg citing sources familiar with the matter. The Antitrust Division is concerned that the deal – one of the largest takeovers by a private software maker – could limit the choice of design software used by creative professionals. The publisher of publishing and marketing software unveiled in September the largest acquisition in its history, Figma, for 20 billion dollars.
Figma specializes in collaborative tools for design and conception.
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European cloud players file complaint against Microsoft
These groups have benefited from a jump in their activity of 167% over the last five years. However, their share in the European cloud fell from 27% to 13% over the period. That of Amazon, Microsoft and Google has jumped from 46% to 72%, according to Synergy Research. The European leader, SAP, is only in seventh place with only 2% of the market.
European players accuse Microsoft, the world’s number one cloud provider, of taking advantage of its position as a software publisher and cloud service provider to force its software customers to switch to its services if they want to migrate to the cloud. Despite recent announcements from Microsoft to calm things down, European players are offering to test its compliance with the ten principles of fair software licensing established by Cigref, the French association of the main digital customers.