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by zabzonk 302 days ago
What does "OSS repo acquisition" even mean?
2 comments

They paid and hired the developer of an open source program for their AI startup to give them control over it.

I don't know why they'd report on it in startup-speak like this, I doubt investors will care. Must be an ad.

If the repo is popular it does have potential to funnel some users to their startup product. And apparently it did do that in the end.
Apparently, administrative permissions and the name/URL. In this case also the dev. As it's under MIT-license, they can't buy the software itself, but they can control the public appearance and merges, until someone forks it and becomes more successful.
> As it's under MIT-license, they can't buy the software itself

This is a common misconception. Just because the author or original IP owner chose to release it under MIT doesn't mean they no longer own it -- and if the company wants to acquire it they can. They can never remove-from-the-internet the existing MIT-licensed versions (though they could take down their own copies), but being the owners they could certainly decide to release future versions under a different license.