I have no idea of the specifics of Nuvia's license. But it's totally common for corporations to make value-destroying acquisitions. Some research suggests 60%-

I have no idea of the specifics of Nuvia's license. But it's totally common for corporations to make value-destroying acquisitions. Some research suggests 60%-90% of mergers actually reduce shareholder value. Look at the HP/Autonomy acquisition, for example - where the "due diligence" managed to overlook a $5 billion black hole in a $10 billion deal. And how often have we seen a big tech co acquire a startup only to shut it down? Mergers only seem rational because once a mistake is set in stone, the CEO usually has to put a brave face on it and declare it a big success. I could certainly believe during the acquisition process that the specifics of Nuvia's license were overlooked, or not fully understood by the person who read them.