> They don't spend on R&D like they used to, instead they've tried to acquire new products and technology. From my understanding it was the opposite. They spen

> They don't spend on R&D like they used to, instead they've tried to acquire new products and technology. From my understanding it was the opposite. They spend on R&D quite significantly but if a product isn’t profitable enough they sell it off. [0][1] [0] http://m.startribune.com/3m-will-sell-corning-its-optical-fiber-telecom-business-for-900-million/463415273/ http://m.startribune.com/3m-will-sell-corning-its-optical-fi... [1] https://news.3m.com/press-release/company-english/3m-sell-its-electronic-monitoring-business-transportation-safety-divis https://news.3m.com/press-release/company-english/3m-sell-it...