“acqui-hire”

Why Google Just "bought" 2000 Employees for more than a Billion Dollars

Forbes

Lost in all the hype surrounding Apple's release of the iPhone 8 and X, Alphabet (Google) recently announced its $1.1 billion “acqui-hire” of the ...

Acqui-hiring or Acq-hiring (a portmanteau of "acquisition" and "hiring") or a talent acquisition, is the process of acquiring a company to recruit its employees, without necessarily showing an interest in its current products and services—or their continued operation.

Acqui-hiring - Wikipedia

https://en.wikipedia.org/wiki/Acqui-hiring