Acquisition by Intel only assures start-ups that the leadership, autonomy and customer-focus that allowed them to gain early success will be delayed, disrupted and co-opted by a bunch of arrogant and ignorant Intel people who will force them to be part of some "platform" or "solution" that has nothing to do with the real world, customers' needs or a plan to bring it to market.
At the same time, Intel Business Development stooges will be told to push and so every slide deck will include some, most likely inaccurate, overstated postulation encouraging some "customer" to do a project incorporating the 48-person-start-up in some inappropriate way. The net result: the start-up is further time-s---ed, pulled from what it does best and customers are confused...and Intel is now competing directly with the other (dozens) of start-ups in the category. And, of course, anyone good from the start-up bides their time to get the F out of Intel ASAP.