Government could buy it out and sell shares back to the public, sort of like an IPO, but with some conditions attached, so that it ensures the company remains independent for a specified number of years post IPO.
Maybe that model doesn't work, but I wish there was some government oversight preventing huge companies from buying out small competitors just to shut them down entirely. Like Apple did with Dark Sky, Microsoft did with Wunderlist, and Twitter did with Vine. It's really unfortunate that we can't have much small tech.
Android app was pulled. API service stopped accepting new applicants. API is scheduled to shut down. (iOS app continues to be updated, but API/functionality maybe rolled into iOS in a future version.)
However maybe you have a model in mind that doesn’t result in control ending up in the hands of the government.
If so, I’m curious!