Quote:
Originally Posted by ZodWallop
So KKR own rbdigital and Overdrive. Why assume Overdrive is going away?
If you own two cars, one fairly nice and one a rust heap and you decide you only need one car, would you dump the nice car?
look, I could be wrong. But honestly, there just isn't enough info to draw real conclusions. And six pages of angst about the death of Overdrive based on not much just seems silly.
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Zod
As a former Silicon Valley worker, it IS common for companies to buy up others for the purpose of acquiring specific PATENTS they would like to use.
A short period later (just long enough that the regulators are kept away), they sell off the 'extras', lay off most of the former employees.
(and it is un-provable that some were bought simply to kill off a competing product)