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The phrase "we were acquiring" is correct and usable in written English.
It can be used to describe an ongoing action in the past, particularly in the context of obtaining or gaining something, such as knowledge, skills, or assets. Example: "During the last quarter, we were acquiring new clients to expand our business reach."
Exact(4)
We were acquiring Nats paraphernalia.
You saw it through the draft classes that we were having, you saw it from the free-agent additions that we were acquiring.
"When we were acquiring Jackson Pollock posters," Mr. Dane said, "people thought we were crazy to buy work by a guy who made art by dripping paint".
One was strategic: We were acquiring the outbound channel, the people who bought our product.
Similar(55)
Second, we were acquired by AOL, which stands for "America Online".
"If we were acquired, we'd have to preserve what makes us unique.
This would have been these case whether or not we were acquired.
That's all I really asked for when we were acquired, and he kept his promise.
Nine months later we were acquired for $320 million, making all parties involved big winners.
"When we were acquired, it was like acquiring a clone," says Tony DeNunzio, who runs ASDA from a modest, two-story office building in Leeds.
Anyway, the no alcohol policy is one which we have violated each and every day since we were acquired.
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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