The stock market reacted quite positively to this acquisition (Basically confirmed a few days ago). Buying a soon-bankrupt startup is very cheap, and getting a strong tech stack and already formed team with strategic synergies with the main business is going to be valuable.
This is contrasted with panic acquisitions like say Adobe & Figma.
Cue a random example: 2-people company bought for millions by Atlassian or 18-people company bought for billions by Facebook (Wasn’t Whatsapp 18 people?).
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