An “acquihire” is a transaction in which a company is being bought predominantly for the employees working there and not for the product/service it is bringing to market or its technology. The hope is that in purchasing teams of smart people who have a history of working together, purchasers can accelerate their own business growth. These transaction usually offer limited or negative returns for early investors in the company being sold, and usually the acquiring company does not continue to build and promote the acquired company’s products and service.