tech:

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Fenwick & West

Adobe, Figma terminate merger agreement

Adobe and Figma have jointly decided to terminate their previously announced merger agreement.

Thoma Bravo, Sunstone Partners acquire UserTesting for $1.3B

Thoma Bravo and Sunstone Partners have acquired UserTesting for an all-cash transaction valued at approximately $1.3 billion.

Invoca raises $83M

Invoca has raised $83 million in a Series F funding round. The investment was led by Silver Lake Waterman.

Workday to acquire Adaptive Insights

Workday has acquired Adaptive Insights, a cloud-based platform for modernizing business planning, for approximately $1.55 billion.

Microsoft to acquire GitHub for $7.5B

Microsoft is acquiring GitHub for $7.5 billion in Microsoft stock. Subject to customary closing conditions and completion of regulatory review, the acquisition is expected to close by the end of the calendar year.