“These people are working in a problem area that we want to do better in. We’ll buy their company for their expertise.”
Whether they keep existing products or not is not a major factor in the decision and gets evaluated later. Often, because they want the people working on something new the existing products are put into maintenance mode or shut down.
Source: Have been acquired for both talent and for product. Seen both.
Common pattern - the acqui-hire.
“These people are working in a problem area that we want to do better in. We’ll buy their company for their expertise.”
Whether they keep existing products or not is not a major factor in the decision and gets evaluated later. Often, because they want the people working on something new the existing products are put into maintenance mode or shut down.
Source: Have been acquired for both talent and for product. Seen both.