Pros
The company is filled with great people that have a ton of tenure with the company and deep domain expertise that want to do well for the customers. The company has grown to the size it is through lots of mergers and acquisitions, so people throughout the company used to work for lots of smaller industry-specific software companies, and therefore know the ins and outs of the company's vertical markets unbelievably well.
Cons
The past few years it's been a revolving door of changes in executive leadership. It's a billion dollar company run by staff and managers with no experience running a billion dollar company because they all come from much smaller companies. Executives have been brought in from big software companies to take the company to the next level, but they seem incapable actually implementing the changes that they speak about - perhaps because they have no understanding how to change small-company policies, processes and systems that don't scale to the company's current size. There is no common company culture, and so many employees believe that the way their $50 million, $100 million, or $400 million predecessor part of the company ran things is so superior that it is the way to run a company of it's current size, that there is a lot of infighting. For a company that markets itself as having products with leading technology, the technology that they provide their employees and the internal company systems are dismal.