Right. The point is, if a
competitor who was a for-profit company was willing to federate with Element, as a first-party contributor not just reluctantly "I guess you can use our integration API's for that and we won't stop you... yet" -- that would be watershed moment in hopes of federation/integration instead of silos being a thing.
That is indeed not what happened. It's just an acquisition. It does not actually give us hope that there's more momentum towards competitors being willing to play together in federation, that's not what happened.
Not sure why the one who made that point is getting downvoted, I think it's an interesting observation. That the press release arguably kind of intentionally tries to hand wave over a bit.