Microsoft had its hands full with Activision Blizzard but was also seeing how Figma's software was taking off internally.
Figma's deal-related chats with Microsoft date back to May, after acquisition talks had begun with Adobe. Field told representatives of a publicly held technology company, identified only as Party A, that Figma might receive an acquisition offer, "and asked whether Party A would be interested in making an offer to acquire Figma," the filing said.
Figma gave Party A — Microsoft — confidential details as part of the process. Three weeks after Field first reached out to the company, Party A said it was not interested in exploring an acquisition, the filing said.
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