I've been told that when acquiring a company, the acquirer should focus on the team or the tech, but never both.

One reason for this: the team combined with the tech make sense in the context they're in.

If you move the entity into a new context, something will change.

If you try to keep both the same, the pressure will crush the entity.

But if you allow one of team or tech to "float" and absorb the changes, then the other half, the one you care more about, can survive or even thrive.