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32BitsOnline: Corel's Relentless Rise on Takeover

Nov 30, 1999, 17:23 (2 Talkback[s])
(Other stories by Ronny Ko)

"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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