The term Acqui-hire is used to refer to those Mergers and acquisitions in which the chief target of the acquisition is not the company or the product, but the people building the product.
Typically, the acquiring company simply hires the staff of the target company, thereby acquiring its talent which is the main asset and appeal.
The targets of an Acqui-hire usually tend to be small startups with less than 50 or so employees.
Contents
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1 Etymology
1.1 Origin of the Term
1.2 Variant Spellings
1.3 Manquisition
2 Usage of the Term
2.1 Paul Graham
2.2 New York Times
2.3 Huffington Post
2.4 Facebook Acquisitions
2.5 Google Acquisitions
continued at link below
http://en.wikipedia.org/wiki/Acqui-hire