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Joined 1 年前
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Cake day: 2024年11月21日

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  • To be fair, much of the media and even the Dutch government is accusing or suggesting WingTech is doing something illegal: that they don’t have the right to do as they wish with the intellectual property of the company they purchased, including giving it to others, if they wish. It’s not surprising that many people end up with the impression that WingTech has done something nefarious.

    And it’s not that moving production out of the UK or the Netherlands isn’t an adverse outcome for those countries. But they (at least the previous owners) did receive billions of dollars and they shouldn’t expect to be able to sell the company for financial benefit and maintain control of it, unless that control was part of the purchase and sale agreement.

    What seems inappropriate to me is that the Dutch government allowed the sale of the company and then seized control of it because they weren’t happy with what the new owners choose to do with it.

    Years ago I sold a house. The new owners cut down the beautiful old apple tree in the front yard, turning it into a barren expanse of grass lawn. I didn’t like it. My old neighbours didn’t like it. It was a loss to the community. But none of us suggested the new owners didn’t have the right to do with their tree as they choose and none of us even attempted to sieze control of their property. It would have been absurd if we had.



  • It’s not clear to me what the similarity is. As I understand it, Lowell took trade secrets from UK companies without purchasing them.

    In contrast, WingTech purchased Nexperia in 2018 for $3.6 billion, according to wikipedia. I’m not privy to the details of the purchase but in general I expect that when one purchases a company as a going concern, one purchases all its assets, including any intellectual property, goodwill, facilities, etc. Note that the article says that WingTech ‘appropriated’ techniques, not that they misappropriated them.

    The distinction is made clearly in the quote of a WingTech statement in the article:

    “Furthermore, Wingtech Technology is the lawful controlling shareholder of Nexperia, and Nexperia is a wholly-owned subsidiary of Wingtech Technology — there is no need, nor any basis, to ‘steal’ technology from a subsidiary.”