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Re:Cover is joining Twitter by ry0ohki on Monday April 07, 2014 @02:37PM (#7548383)
There are different types of aquihires. Those that happen quickly, in which a fresh, innovative company is offered a large-to-them sum of money and cashes in their chips right away. And those that happen at the end of life of a company, when they are running out of money, and it's just a positive way to spin the failure. I guess this could be either but to me it seems to be the former, not the latter.

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