@Jeffro -

Morning Jeffro,

While I appreciate the write up, there are a few inaccuracies.

1) Wordpress Foundation

In fact, no one can acquire WordPress the open source project as it’s owned by no one. No company would take over a platform, they would only be taking over a service

Yeah that’s wrong. WordPress Project and trademark is owned by the WordPress Foundation.

The "WordPress Foundation" is a company.
Like any other company it too can be acquired. That company owns the rights to the WordPress name/trademark. It also owns all WordPress.org, information (such as the information on trac). It also owns the licence for the WordPress code.

Matt personally owns WordPress.org name.
He has yet to transfer it to the WordPress Foundation, but I'm confident that is in the works based on some rumbling last year.

All of this could be acquired.
Though in honesty it won't, we really should not be saying things like:

WordPress.org which is also known as self-hosted software is an open source project that is owned by no one. WordPress is a trademark that is controlled by the WordPress Foundation. Therefore, the open-source project can never be acquired while WordPress.com and or Automattic could be.

The idea, indeed the tone of the article, that nothing can ever get inbetween us and our beloved software is nonsence, and simply wrong.
Has Matt made real efforts to ensure that it doesn't, sure, but the ideas that something could "never be aquired" is crazily off the mark.

Any company, charitable foundation or otherwise, can be acquired.

On a side note, and something I raised last year, if the WordPress Foundation is separate from Automattic and it's Wordpress.com service, why isn't it being sued over trademark infingement?
You're not allowed to call this website WordPressTaven as it's trademark infringement, but WordPress.com isn't? Don't you love it when the "inner circle" treat everyone else differently than themselves.
(that’s a joke folks, but food for thought)

2) VC funding

The 2nd round of VC funding had some buy out for Matt (well deserved) as well as taking some of the decisions regarding acquisition of AutoMattic out of Matt's hands.

Toni Schneider, left Yahoo in 2006 to join venture Capital firm True Venture Partners.
That VC firm bought a large chunk of Automattic, then installed Toni as the CEO to protect their investment and ensure that Automattic grew to the point that it would be aquired and all the VC firms would get their money back.

Long and the short of it is this: AutoMattic will be aquired one day, and it won't be up to Matt (though I've no doubt he'll have a lot of say on the matter).