ⓘ Acqui-hiring

                                     

ⓘ Acqui-hiring

Acqui-hiring or Acq-hiring is a neologism, or a talent acquisition, is the process of acquiring a company primarily to recruit its employees, rather than its products or services. Ben Zimmer traced the derivation of the phrase to a blog post in May 2005.

Talent acquisitions can provide a relatively favorable exit strategy for employees, with the prestige of being bought by a larger company, combined with the typical process of hiring. A risk to talent acquisitions are employees that are not interested in working within a corporate environment - which may cause them to defect elsewhere.

By the early 2010s, acqui-hiring had become increasingly common in venture capital-backed startup companies, especially within the competitive technology sector where skilled software engineers working for startups were considered lucrative. By March 2013, Facebook was the largest performer of talent acquisitions, with 12 over the last five fiscal quarters. One such Facebook purchase in 2009, FriendFeed, brought several high-profile Google alumni into the company, including Bret Taylor - who became Facebooks chief technology officer shortly after the purchase. Twitter, Yahoo!, and Google ranked alongside Facebook as a similarly major user of talent acquisitions.

Typically, a company that performs a talent acquisition does not show an interest in the products and services of the target, which results in them being discontinued upon the purchase so that their staff will focus exclusively on incorporating their knowledge into their new employers projects or some time afterward. The file sharing service Drop.io was shut down after its 2010 purchase by Facebook, while FriendFeed was left dormant with no new feature development and a slowly shrinking user base until 2015, when it was discontinued.

                                     
  • acquire that company s workforce. Aqui - hiring acquisition hiring translates to hiring by acquisition. Acqui - sourcing is finding the decision makers
  • Microsoft were choosing to acquire startups instead of hiring new recruits, a process known as acqui - hiring Many companies are being bought for their patents
  • Travelguru afaqs.com. Noida, India: afaqs Retrieved 16 May 2016. Yatra acqui - hires travel - logs to boost tours within cities The Economic Times, 20 January
  • Retrieved 2019 - 03 - 05. Before breaking up with Shopify, Mailchimp quietly acqui - hired LemonStand, a Shopify competitor TechCrunch. Retrieved 2019 - 04 - 30.
  • Secret CEO David Byttow s startup Bold TechCrunch. Constine, Josh February 9, 2018 Snapchat almost acqui - hired anonymous app Secret TechCrunch.
  • money. In 2015, his umbrella company and media startup, Taylor Media, acqui - hired Socialexis, a blog management firm founded by Alexis Grant. Taylor opened
  • Local Services Marketplace Thumbtack Makes Its First Acquisition, The Acqui - Hire Of HeartThis TechCrunch. Retrieved 27 July 2019. Kim - Mai Cutler, Spam - Fighting
  • confirms security glitch - no password required Dropbox May Have Just Acqui - Hired A New CTO Business Insider Businessinsider.com. Retrieved June 5
  • December 2017. Retrieved 31 August 2019 via The Economic Times. Swiggy Acqui - hires Gourmet Asian Food Startup 48East 13 December 2017. Retrieved 31 August
  • Already Supposed to Have Recode. Retrieved 20 May 2014. Kafka, Peter 2015 - 01 - 14 Synacor Buys NimbleTV via Acqui - hire Recode. Official website
  • Retrieved 2017 - 11 - 02. Before breaking up with Shopify, Mailchimp quietly acqui - hired LemonStand, a Shopify competitor TechCrunch. Retrieved 2019 - 04 - 30.