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The phrase "acquisition of both" is correct and usable in written English.
It can be used when discussing the process of obtaining two items, entities, or concepts simultaneously.
Example: "The acquisition of both the company and its assets will significantly enhance our market position."
Alternatives: "procurement of both" or "obtaining both".
Exact(54)
Both sets of customers are profitable, so pursue additional acquisition of BOTH types.
The acquisition of both companies was completed last year.
Mr. Gupta went on to explain on the call that Goldman was considering an acquisition of both Wachovia and the American International Group.
If the negotiations are successful, Rosneft's acquisition of both halves of TNK-BP would roughly double the size of the state oil company.
The challenge of balancing the acquisition of both clinical and basic scientific knowledge is very real.
Hybrid MR-PET scans enable acquisition of both types of images within a session.
Similar(6)
And in the wake of Bank of America's completed acquisition of Countrywide Financial, both the S&P 500 and Moody's raised their debt ratings on the firm.
First Union struggled with its 1997 acquisitions of both Core-States Financial and the Money Store.
All future acquisitions of both types of machines will have the privacy feature, he added.
Art is also a unifying factor in a bank that has expanded rapidly in just over a decade through mergers and acquisitions of both East and West European banks.
To refresh your memory: moneyStrands was born out of Strands' acquisitions of both Expensr and NetworthIQ back in May 2008.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com