Back in the 90s our product--and many of our competitors in EDA--integrated with FlexLM (then Globetrotter, then Macrovision, then I lost track). It was clever and flexible, especially when talking about seats and site licenses and combining different vendors onto one license server, all before Internet was serious.
In reality, it was painful for users and they lost so much time fighting it: someone forgot to "check in" a license before using it, or the site license server was down, or you had the wrong feature line, or dozens of other failure modes.