A "lifetime" purchase is really the lifetime of the product or its manufacturer, whichever dies first. I've never heard of this company, but it died when it got bought.
I'm not saying this as a lawyer or having scrutinized the license terms. It's more of a life lesson. Before you fork over your one-time fee, ask yourself: are they offering a great deal because they're a great company with a great product and a great business model? Or are they trying to hoover up money because they're on life support and the bills are coming due?
Side note: one company seems to have gotten this balance right. There's a music product called FL Studio that sells lifetime licenses. I've had mine for over 20 years, and it's still updated. The license was expensive (good to keep the company going), they sell DLC (good incentive to keep the product fresh), and the product itself is inherently a platform around which a strong community has formed (good because the company knows their product effort translates directly into word-of-mouth advertising).
I'm not saying this as a lawyer or having scrutinized the license terms. It's more of a life lesson. Before you fork over your one-time fee, ask yourself: are they offering a great deal because they're a great company with a great product and a great business model? Or are they trying to hoover up money because they're on life support and the bills are coming due?
Side note: one company seems to have gotten this balance right. There's a music product called FL Studio that sells lifetime licenses. I've had mine for over 20 years, and it's still updated. The license was expensive (good to keep the company going), they sell DLC (good incentive to keep the product fresh), and the product itself is inherently a platform around which a strong community has formed (good because the company knows their product effort translates directly into word-of-mouth advertising).