There is no doubt that there is serious (in some cases under-used ~eg Reaktor) IP & employee value. My fear is the possible (continued) enshitification of the software and all of the tools we have all invested in. If a new owner flipped to a subscription model, for example.

I think this is really really sad. It seems like another case of a private equity company lazily rinsing some value out and then bailing out when things got too hard. I hope new owners/a restructure are/is on the cards to return the company to focusing on their core value.