Acqui-hire
Advanced Level
Bengaluru
Corporate Finance
3 views
Definition
An acquisition primarily intended to recruit the target company's talented employees rather than its products.
Detailed Explanation
Acqui-hires are common in competitive talent markets. The acquiring company values the team's skills. Products may be shut down post-acquisition. Common in AI, ML, and deep tech.
Example
Google acqui-hires an AI startup for its machine learning engineers.
Local Context (Bengaluru)
Bengaluru sees frequent acqui-hires as large tech companies compete for talent.
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