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The people said that the new owners planned to invest heavily in both internal research and development, and in complementary acquisitions.
It's not ruling out "complementary acquisitions", either.
Complementary acquisitions have also contributed to the company's growth.
In my book, Free the Market!, I point to the roughly 40 complementary acquisitions Oracle made to restructure the entire software market for applications used by big companies.
In the years since, according to Securities and Exchange Commission filings, Presto has also "made other complementary acquisitions in the defense industry".
"This transaction is in keeping with SunAmerica's strategy to enhance our dynamic internal growth with complementary acquisitions," said Eli Broad, chairman and chief executive of SunAmerica.
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Today Zoopla also noted it is in negotiations on another smaller, complementary acquisition — although it told investors discussions on that front remain "ongoing".
This opens some interesting doors for the company, making it either a competitive rival (or interesting complementary acquisition) not just for the Autodesks and Adobes of this world, but massive photo agencies like the Gettys, as well.
Cuphead should be out this side of Christmas (I actually had a dream that it's out in September, just saying), making it a neat complementary acquisition beside the November-due Nintendo Classic Mini: Here's what gaming used to be, here's what gaming is now, and isn't it funny how, appearances aside, so much has remained the same.
"However, working with Spin Master since the acquisition has been great as we have very complementary skill sets.
This complementary data acquisition helps in the determination of total organic carbon (TOC) and total mineral or inorganic carbon (TMC or TIC).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com