Oliver Peters
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So far as Shake is concerned, that is exactly what happened.
I remember it a bit differently. Apple bought Nothing Real (Shake owners) and at the time, there was a support contract business model. Apple had no interest or even ability in continuing this, but recognized that if you paid thousands for a piece of software, you rightfully would expect some things in return. They terminated the support contracts, EOL'ed non-Mac versions and dropped the price. When it was finally EOL'ed at the $500 price point, Apple publicly announced that a next-gen replacement would be coming within a year. This never happened and the developers (either before or after) went on to work on Nuke.
- Oliver