Foobar is a slang term used in the IT world as a placeholder to refer to generic examples or temporary files or programs that are to be deleted. The technical term for a word like foobar is a metasyntactic variable. These types of terms are used to name variables, programs or other parts of code.
Acqhire is also known as acquihire and, less commonly, acquhire. The term may be hyphenated as acq-hire or even acqui-hire.
The term acqhire is largely attributed to Rex Hammock, who coined it in a 2005 post on rexblog.com. It has gained traction as large tech companies - most notably, Google - continue to absorb small startups for their expertise. A 2011 article in the New York Times wrote:
"Companies like Facebook, Google and Zynga are so hungry for the best talent that they are buying start-ups to get their founders and engineers - and then jettisoning their products. Some technology blogs call it being 'acqhired.'"
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