I worked at another medical device manufacturer. Often, they will "buy" a company they actually staked in the first place. The medical device company wants to d

I worked at another medical device manufacturer. Often, they will "buy" a company they actually staked in the first place. The medical device company wants to develop a new technology or device, so what they do is give money to a startup that barely has an idea, and sends management over there to keep track of things. They'll see if the device pans out, then "buy" the company and integrate the device's manufacturing and design into their own system once the FDA approves the device. Then, they just keep it on life support for several decades, making as few changes as possible to prevent the need to redo FDA certifications.