Definition of acquihire in English:

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acquihire

Pronunciation: /akwɪˈhʌɪə/
(also acqhire /akˈhʌɪə/)

noun

An act or instance of buying out a company primarily for the skills and expertise of its staff, rather than for the products or services it supplies: this would appear to be a straight acquihire to pick up an engineering and product design team
More example sentences
  • We should be happy that all the people there found a home through acquihire but not overstate the importance of the shutdown.
  • Are camera apps going to become a hotbed of acquihire and/or acquisition?
  • Yahoo made another acquihire Wednesday.

verb

[with object]
Buy out (a company) primarily for the skills and expertise of its staff, rather than for its products or services: the start-ups are being acquihired in a bid to harvest their talent
More example sentences
  • When I spoke to the former CEO whose company was acquihired, he said there was a lot that Facebook could do in separate feeds for different content types.
  • He joined in 2011, when the company acquihired his startup.
  • We're still incredibly proud that the service continues to run two years after we were acquihired.

Origin

Early 21st century: blend of acquisition and hire.

For editors and proofreaders

Line breaks: acqui|hire

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