F-Droid is an installable catalogue of FOSS (Free and Open Source Software) applications for the Android platform. The client makes it easy to browse, install, and keep track of updates on your device.
So are they going to repackage those apps and sell on the playstore? What's the purpose of buying open source apps? Or it's just to limit open source competition?
Its not, its a fork of the simple mobile tools suite that just got bought by an advertising company. This new maintainer forked the codebase of all the apps and is maintaining the foss version from here on out so we're not stuck with ads and malware injected into the apps we use.