32BitsOnline: Corel's Relentless Rise on Takeover

"Corel has something that Red Hat wants - the retail and end-user distribution channels. That alone fueled speculation that Red Hat is considering buying Ottawa-based Corel Corporation...."

"Ever since the highly successful IPO of North Carolina based, Red Hat Software, the company has been on a spending spree. First buying Cygnus Solutions for under $700 million and now rumor is all over Wall street that Corel Corporation might be its next target."

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Related Stories:

• The Register: Red Hat aiming to buy Corel Linux rival?(Nov 30, 1999)
• IT-Director: What would a Red Hat acquisition mean to Corel users?(Nov 30, 1999)
• Reuters: Red Hat surges on deal speculation(Nov 30, 1999)
• TechWeb: Corel Rockets Amid Linux Takeover Talk(Nov 29, 1999)
• SJ Mercury: Red Hat to Service AutoZone stores, stock surges(Nov 29, 1999)
• PC Week: Red Hat guns for Microsoft(Nov 29, 1999)