Not the first time he has confused revenue with profitability. This would only be true if all the expenses (COGS, R&D, G&A, etc) could be swallowed perfectly by the acquirer. G&A & R&D could happen with maybe some savings on the COGS side as well, but no company assumes a zero cost structure during an M&A transaction.
This was not the only ridiculous comment made, but will leave it at that for now.
The doctorate seems to ignore basic financial and economic principles in LaLa land.