What does it mean when an open source project is “acquired”?
I'm asking this question after having asked this question to myself for many years, after reading news of open source software being acquired, the last of which is Audacity by Muse Group. What are they acquiring exactly, and why?
Every software project (except these in public domain) has an owner. These ownership rights are transferred. Owner is not bound by the license, as they're the ones licensing the software to others.
This was discussed in detail in that Audacity acquisition thread in HN