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August 11, 2012 11:11 pm GMT

In Bittersweet Deal, Digital Ad Company AppNexus Acqui-Hires Fantuition

appnexus logoJust as the tech press was busy talking about the first academic paper on acqui-hires, another acqui-hire deal closed, with online ad company AppNexus acquiring fantasy sports startup Fantuition.Co-founder and CEO Pat McCarty announced the deal in a blog post that also recounts some of Fantuition's history and discusses McCarty's feelings about being acqui-hired (or, as he spells it, "acqhired", because no one can agree on the spelling of this awkward, awkward word) in other words, getting acquired by another company just so that they can hire your team, while your product gets shut down.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/1LmwpfhLqQo/

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