[monero-xmr]

If they truly don't want the tech - meaning this is a straight-up acqui-hire - then the employees of the acquired company continue to have a job, and ideally some sort of bonus or earn out for staying N months or years. It is a nicer landing than bankruptcy.

The executives of the firm being acquired usually don't come, unless they have some skillset the acquiring company needs. But they (hopefully) get a cash bonus for the successful acquisition.

Everything is negotiable of course.

[aeyes]

The only way I have seen this work out is to give the aqui-hired team a ton of equity in the new company so that they don't jump ship immediately.

[candiddevmike]

What does the acquiring company get out of this transaction though? What's the return on investment here if folks end up leaving or are completely checked out during their rest-n-vest? You can spend millions with a high end boutique consulting firm that will most likely be more accountable and productive than an acqui-hire.