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by setgree 2121 days ago
I count 18 sentences of fluff/framing before they say who is acquiring them. Talk about burying the lede!

18 seems like an outlier, but for press releases I’ve read in the “we’ve been acquired” category, I’d guess that the median is > 10. Does anyone have first-hand knowledge about why these statements are released in this teasing way?

2 comments

I'd say it's just a PR tactic to make such things seem like "big news," when, in fact, such acquisitions are a fairly normal thing in the tech world. It's hard to even buy that kind of publicity, so one has to take advantage of it when one can.
That is not a successful acquisition. It's definitely a means of burying the lede. If anything, it's to draw attention to the PE firm.