Don't know what motivated Seth's departure but the industry isn't getting better.
A few weeks ago I read that
for the first time ever, a lite version of Pro Tools would be bundled w/ 3rd party products (namely, M-Audio and Akai). Which is kind of silly when you consider that Avid dropped M-Audio last summer. They also announced a new CEO last week.
Also, after unlocking Pro Tools HD from Avid hardware, they now seem to take a step back, as the software will indeed work w/ 3rd party interfaces but can no longer be bought separately from the HD interface.
W/ all this back and forth, cutting this and that and seeking new strategic alliances leaves me w/ an impression that the giant is actually bleeding to death.
Not sure Roland would struggle so desperately to keep Cakewalk alive.
OTOH, not every takeover is bad. From the outside, Steinberg seems to be in good hands w/ Yamaha.