Waves are to turn TDM v9 licenses into Soundgrid licenses, this is what they have said….
Very soon, the TDM licenses in your Waves account will be replaced by a new SoundGrid license. Your TDM compatibility will remain unchanged; but now, you’ll be able to take advantage of the awesome new possibilities offered by the SoundGrid platform. SoundGrid will breathe new life into your system, and extend its functionality for years to come. If you use Waves TDM V8 or below, and are covered by Waves Update Plan, move up to V9 and receive the SoundGrid licenses at no additional charge.
Also they have reitterated their support of AAX NAtive…
Waves is currently working closely with Avid on AAX Native support in time for the Pro Tools 11 release. This means you can breathe easy, knowing that the plugins you purchase now will be fully supported today, tomorrow and into the future. In fact, whether you bought your plug-ins 5 years, 10 years, even 20 years ago – as long as your Waves Update Plan coverage is current, you’ll receive the AAX Native update at no additional charge. And with SoundGrid in the mix, you’ll get more from your AAX plugins, for less than you’ve ever imagined.
This confirms their plans to compete with AAX DSP using their DigiGrid platform, so another hardware platform to run dsp type plug-ins.