Thankyou , I must now tell of the story of a fantastic little company called Cyden.
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They pioneered hair removal by high intensity light application. They developed an original portfolio of fantastic hair removal products which were brilliant, absolutely perfectly safe, and had started to gain export sales.
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Then one day, a huge engineering corporation phoned them up and asked them if their product conformed to all of hundreds upon hundreds of quoted regulatory standards.
The huge corporation then told Cyden that they were going to bring Cyden’s products into their standards lab…and rip them apart to see if they passed absolutely all sub-clauses of every single regulatory standard.
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The huge corporation told Cyden that if its products did not conform to absolutely all standards from top to bottom, then they would be forced to do a total product recall from several of the countrys in which this huge corporation resided…as well as receiving a big fine.
However, the huge corporation gave Cyden an alternative……
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If Cyden agreed to sell itself off to the huge corporation concerned then none of the standards checking would happen.
And indeed the company sold itself off………and still makes great products, -but it is simply now a little employee of the big corporation, and gets payed a pittance of a wage. They are certainly now not allowed to put their own name on their own products…the name of the huge corporation goes on there instead.
Their products were entirely safe and reliable, but the huge corporation has an enormous department full of standards checking employees….and there was no way that Cyden could guarantee being able to conform to the letter of all that enormous sea of standards.
The same thing happened with uvintegration.com…..now sold off to an overseas company, totally.
..and scores of others have gone the same way.
Very often, the gaffer of the small company being bought out gets given a bit of a “nugget”, to sweeten the disappointment, shall we say.
After having the "sweetener" forced upon him/her, the gaffer is probably less inclined to speak about what happened.
Certainly, speaking out about it might be viewed rather dimly by the buyout company....the gaffer's position in the newly acquired "subsidiary" mght come under "review", shall we say.
Then you end up with a situation like in the UK where 66% of all industry (>500 staff) is foreign owned. Quoted from Baroness Neville-Rolfe, Uk minister of business in 2016
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