The case of Fender's apparent ignorance of the GB technology is, to me rather revealing about the big company's culture, for the following reasons.
I get the capitalism - buy the competitor to make them go away thing. Happened with my favorite coffee company, Coffee Connection, when Starbucks bought them out purely to eliminate them and never used a shred of their assets except to sell them off. You can read all about it on Wikipedia.
But, the GB case was a little different, because GB was part of Kaman, which was a whole bigger corporate "deal." Fender did not target GB at all. They simply weren't very aware of them at the corporate level. Which I can understand. But, the thing is that GB was maybe a 15 minute drive from Fender's amplifier development facility. One would think the amp guys could have at least driven over there over lunch to see what Corporate was ignoring. But, no, they just chose to ignore them altogether.
So, to me, Fender's development culture and management is fairly insular and siloed. They don't pay much attention to anything except their marketing department directives. And, to Fender's marketing types, they sure do sell more of those whiz bang guitars than anything bass related. So, I suspect their bass departments have a lot of turnover in personnel, are not terribly well funded, and are not trying to rock the boat, from an internal perspective. Let's put it this way: some amp staff member deciding to go over and see what GB was doing and then getting excited about it; is not going to be rewarded within Fender's internal culture. The market significance is not there. So, it just doesn't happen.