To acquire a company to recruit its employees, rather than for its products or services.
Noun
An acquisition of a company to recruit its employees, rather than for its products or services.
Origin
Coined 2005 by Rex Hammock as acqhire, , in reference to acquisition of Dodgeball.com by Google. Hammock subsequently worked to popularize the word. Spelling inconsistent, particularly to difficulty in pronunciation (/ak-hire/), leading to longer variants.
Modern English dictionary
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