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What is the difference between subscription pricing and perpetual pricing?

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What is the difference between subscription pricing and perpetual pricing?

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Our monthly and annual payment plans mean you buy the product for the period specified. You are entitled to maintenance and upgrades as well as the support package you chose. If the subscription is not renewed once it expires, the products will cease to operate. Perpetual pricing allows you to purchase and own the products indefinitely (they are yours to keep). To receive product upgrades, an annual maintenance fee is required from the second year.

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