Extremely misleading title. Many people will think the code will be made private but instead someone is making the company private. Taking a company private isn’t that bad inherently. Also that guy knows 77% already. Even with it being public, he makes the calls anyway. If you ask me, he sees in red hats decisions a market opportunity to take their spot.
To your point, every other comment seems to be about the idea of SUSE closing it’s source code.
Closed SUSE
Well, it’s about SUSE not OpenSUSE.
Not good
This is a good thing though, since they now can focus on longterm visions and investments, instead of having to justify everything to the shareholders which want profits in every quarter…
Enshittification won’t take long now.
After Red Hat now that…
It’s about delisting from stockexchange, not about proprietization of source code.
For now…
What do you think, does he want to go private? What are the advantages? Why are you concerned?