Wednesday, November 4, 2015

IT Jargon: Acqhire

What does Acqhire mean?

Acqhire is a neologism created from a combination of the words acquire and hire that is used to refer to one company's acquisition of another in order to gain talented employees.

Acqhiring is common in the tech world, where large tech companies often purchase startups to gain access to a cool concept - and the expertise of the people who created it.
Acqhire is also known as acquihire and, less commonly, acquhire. The term may be hyphenated as acq-hire or even acqui-hire.