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Acqui-hiring – A powerful recruiting strategy that you’ve never heard of

The war for technical talent is so intense that a handful of firms like Google, Facebook, Cisco, Apple, Twitter and Zynga have shifted to a powerful but rare recruiting sub-strategy known as acqui-hiring. It involves established firms acquiring startup firms not for their products (only Facebook admits it) but instead primarily to capture an entire team of talented engineers and designers at once. If in the past after reading about an announcement of an acquisition you’ve wondered to yourself why a technical giant was bothering to buy a startup with no profit, a seemingly unrelated product and a product that was in a completely different field, now you know why. Read More »

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