Whether or not it's necessary, it's common in the music production business. There are several egregious examples, Gibson Guitar being perhaps the best known.
The startup delivered the products and met the goals -just in time for Gibson to go bankrupt.
Inside Gibson there was endless corporate infighting. - an executive that was championing the acquisition of the startup was fired - the support was basically nonexistant afterwards (no marketing, nothing)
The best thing that Gibson has done recently has been to unify the Epiphone (their budget brand) line up with their lineup, and Epiphone’s quality has been a lot better since then in my experience. Now you can buy a relatively cheap Epiphone, slap some good aftermarket pickups in it, and have a really great Gibson-style guitar for a lot less than a Gibson.