Sir Les
I understand nothing of jibberish....I bought a program, and rights to use the program under a licence agreement....I did not buy the company, or the company that bought the company!
This is real simple. Your license agreement was with a company named Cakewalk. Cakewalk has ceased operations. So in that sense, the "lifetime" of Cakewalk has expired. No more development, no more bug fixes. Done!
BandLab did not buy the company. They simply bought the assets of a former company that is no longer doing business.
As an act of goodwill, BandLab has offered current Sonar holders with a free crossgrade to their future flagship program, as well as the ability to continue activating and using their currently licensed programs. That seems very generous to me, considering that they would have had no legal obligation to do so.
So instead of being left holding a dead program, we now have the possibility for a future!