I think it's more complex than that - there's also usually more risk associated with the newer technology, and it's often lower margin (not in this case.) So yo

I think it's more complex than that - there's also usually more risk associated with the newer technology, and it's often lower margin (not in this case.) So you have this new division saying, we're going to build a product that cannibalizes our main business, and makes less money per customer... and that's just not very easy to sell. So instead, someone who doesn't have your old business comes along and builds it instead. And you end up either buying them, or fading away.