How Many Great Firms Have Been Lost Following Acquisition? - Software Developer Capita Employee Review

Capita usually acquire three competing firms, merge them into one, then shrink it down to the point where it can no longer support that many clients. Next they decide to build a new product to replace the ones from the firms they acquired. Once complete, they shift all production to India. Within a short time the clients start to go elsewhere, which leads to even more redundancies. Capita then sells off what's left of the firm.