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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.'"