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by gcbw3 2177 days ago
Not acquihire. Employees are not moving to alphabet.

North was a scam, and was about to be bought by patent trolls. This was a legal move by alphabet. They pretty much paid ransom to the North (Thalmic labs) founders to not be harassed by trolls later on.

I guess it at least shows that google haven't abandoned google-glass entirely (or their legal dept doesn't know they aren't in the glass business any more, i wouldn't doubt it)

1 comments

> Not acquihire. Employees are not moving to alphabet.

Do you have inside information? The announcement implies acquihire. You don't explicitly say where people will be working for you if they're not going to be working for you.

> They'll join the Google team based in Kitchener-Waterloo, Canada—North’s hometown and an area with impressive tech talent. We're excited to welcome our new colleagues, and committed to the growing global tech community of Kitchener-Waterloo.

That’s the public message. Their HR will probably cherry pick some, sometimes even such scammers happen to have not yet corrupt talent. Other than that the IP situation would be the only sensible explanation of this deal.
Do you think the dollar amount is real? I often see massively inflated numbers that represent the amount a company is going to invest in e.g. their own product division that will contain the acquired IP. It’s in everybody’s interest to inflate the numbers.