Not sure where you're getting your information, but it's almost entirely wrong. GISelle is the same tech as Penelope. It was renamed because there was a trademark issue. Polygon search has been implemented for some time, but was delayed for product reasons (it's actually live, just undocumented). Tag indexing was launched with SimpleGeo storage from day one. Indexing of all properties by default happened several months before the acquisition. Both features were developed by people who are still at the company.

The company was acquired because it has real, defensible technology. If you're going to talk shit, at least get your facts straight.