Sounds like someone ripped off shareholders.
It's not a good sign for your company when a private equity firm buys it. They usually do some drastic change to the company and flip it, the way house flippers do a joke of a remodel before flipping.
Remember the EA acquisition of Bioware? It happened like this:
CTO of Bioware left Bioware to join a private equity firm. The private equity firm acquired Bioware. The private equity firm sold Bioware to EA. Former CTO of EA comes back to EA and is made the CEO.
Keeping servers alive costs money, so it's hard to tell. When every vendor and their brother sells cheap ESP8266-based switches, it's probably hard to make a profit.
or you keep your quality so high they are all looked down on as throwaway and your product is revered. I bought my western digital drives from the manufacturer and made sure they were top quality to they'd last, I wasn't buying some blue green black etc I bought datacenter storage drives that are designed for years of continuous use.
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