90Degrees was founded by a former colleague of mine, and they definitely hired a lot more than just sales from BOBJ, actually I'd have said it was the opposite - they took a lot of tech guys from my old team at a time when morale got pretty low a year or so after BOBJ took over. Most of those guys relocated to Redmond after MS took over, a few are back at SAP.
Being acquired by a larger company will affect the culture. Most people who date from the days of Crystal look back fondly on that time. Things definitely took a hit after BOBJ took over but if you look back the site thrived under BOBJ. It may have helped that BOBJ was really only 50% bigger than Crystal at the time. SAP is a different story, they were about 10x the size of BOBJ. I left, which tells you something about my morale there.
There has been a bit of turnover at Indicee - there was a period (prior to my arrival) when they were using more contractors etc - but we have a pretty solid full-time team now. We just pushed out a 2.0 of the product which is a substantial reworking.