That's exactly what they do, and the reason is that there is a long tail of subscription revenue that will continue to trickle in. They monetize that very well (for the owners)
Honestly, for enterprise users that is a good thing. In the hands of a company like Idera we can be reasonably confident that Travis will not disappear anytime soon. Under independent - or forbid Oracle / Google stewardship - that is far less certain.
As an employee of Embarcadero I can tell you they do invest in new development. Delphi has received a number of new features and updates since Idera aquired us. Could they invest more? You can always invest more, but it is important for the long term that the company and products continue, which Idera seems good at.
* this is a comment from me personally and not an official company statement.
Do you think they will have enough money to fix gazillion of RIO bugs? Cause i have a feeling that Delphi is is getting out of tracks and nobody cares about it anymore? But i wish i am wrong since i like it very much.
Travis will likely slow rot under Idera, looking at how its owned by a private equity firm. This is better in some ways than getting Our Incredible Journey'd under someone like Google.
This suggests that, at least from track record so far, for products in their portfolio one should not expect much more extensive development or innovation, they're just counting on the long-tail of revenue trickling in?
as a former customer of idera (and a customer of their competitors), even their core products don't really get much ongoing development attention. they _were_ quite good for what they were, when they were current. after a while, though, they do just become subscription streams.
This is not true. They make strategic investments to keep their products relevant. They are not making the next Google/Amazon/Apple, just running a business effectively.