Many acquisitions are to get the talent but I can't remember another one where it's so apparent. The problem is that talent is mobile and $13m for a few super-smart people who leave after a year is expensive.
Many acquisitions are to get the talent but I can't remember another one where it's so apparent. The problem is that talent is mobile and $13m for a few super-smart people who leave after a year is expensive.
I used to work for a company NCC Group bought a few years ago and I heard Rob Cotton say the same thing...
Things got interesting really fast after our friends in Manchester bought us - changing what computers we use (on the desktop and server), changing email, etc, etc.
Also SecureTest and NGS were very different creatures. The phrase 'herding cats' was never so much an understatement as it was from what I've been told about life at NGS.
It's also a bit more difficult to bring that level of control into a company outside of the UK. I'm sure there'll be an eventual absorption into the NCC cube (more likely co-absorption of iSEC and Matasano into one entity if previous activities are considered) but I imagine there'll be a fair level of autonomy as long as the founders stick around.
Also I still chuckle about the SAP implementation. We offered to test it years back but for some reason NCC weren't up for it.
> Consideration of £8.4m - initially £4.2m, then two further payments up to £4.2m in total over next 24 months against performance related targets