Joe Liemandt (ESW Capital) makes a business of buying nearly defunct technology firms (mostly software), turning them into sweatshops by jettisoning the old employees and replacing them with offshore contract engineers and treating them like serfs with unattainable goals, key logging software and even tracking them with the computer’s camera.
Don’t expect anything much out of Wave Systems under such “leadershiip”. Liemandt‘s story is easy enough to research. He makes more money as a patent troll than he does with his fire-sale acquisitions.
One would think a lesson would have been learned during Wave’s first incarnation.
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