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CRN: Ailing Corel Gambles On Linux Future

Dec 30, 1999, 17:17 (3 Talkback[s])
(Other stories by Amber Howle)

"Despite its current financial woes, Corel Corp. is banking heavily on Linux."

"The company recently acquired an ownership stake in LinuxForce Inc., a Philadelphia-based Linux services and support firm, with a three-year option to increase the ownership position to two-thirds. Financial details were not disclosed, but the investment should enable Corel to couple its Linux products with a technical services portfolio, company executives said...."

"There is so much hype around Linux . . . but it's real stuff," said Bill Claybrook, research director at Boston-based Aberdeen Group Inc. "The real kicker will be in the next year when applications start porting to Linux."

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