Acqui-hiring is the combination of Acquisition and hiring- It is the approach of hiring an agency for its talent rather than its outcomes, products, services, or earnings stream. It is simply buying a team of intelligent people who have worked together successfully, expecting that they might accelerate the buyer’s business. Acqui-hiring has attained popularity as it accelerates the hiring process. The Acqui-hiring process is commonly used in the tech sector. Companies can instantly achieve an experienced and proven team with the help of this process.
An acquihire can change a company’s image and increase its earning potential. Major technology firms like Twitter and Dropbox have opted for acqui-hires to improve their worker base. Hubspot is one such firm that has chosen Acqui- Hire.