Largest Tech Acquisitions Blocked or Unwound
Regulatory bodies globally have increasingly scrutinized and blocked major tech acquisitions, with several multi-billion dollar deals being unwound or abandoned due to antitrust concerns.
The top 3
- Nvidia's $40 Billion Acquisition of Arm: Nvidia's planned acquisition of UK-based chipmaker Arm Holdings for $40 billion was abandoned in 2022 due to significant regulatory objections from both US and European authorities, with Arm later going public and valued at around $73 billion.
- Adobe's $20 Billion Figma Acquisition Called Off: Adobe terminated its $20 billion plan to acquire design software provider Figma in December 2023, citing no clear path to receive necessary regulatory approvals from the European Commission and the UK Competition and Markets Authority.
- Meta Forced to Sell Giphy for $53 Million: Meta acquired Giphy for $400 million in 2020 but was later forced by British regulators to sell it in May 2023 for $53 million, due to concerns that the deal would lessen competition in social media and display advertising.
Sources
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