100% - OSS IP licensing is exclusively the provenance of public companies, companies about to go public, and companies about to be purchased.
Also running tools like Black Duck over your source code tree to check open source license types or use of unlicensed code snippets from the Web.
NDAs can be given to people who know how something is done, knowledge that they could use to re-create the product or service elsewhere, which the acquired does not want. In some cases (that I have not personally seen) making people sign non-compete agreements, meaning if they quit they cannot work on the same thing for some time (not legal everywhere).