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Ottawa Citizen: Cowpland ponders acquisitions

Dec 01, 1999, 17:51 (2 Talkback[s])
(Other stories by Bert Hill)

[ Thanks to G. Bruntrup for this link. ]

"Corel Corp. isn't interested in being bought out, chief executive Michael Cowpland said yesterday. If anything, the Ottawa software company will hit the acquisition trail with its high stock price and fat market capitalization."

"We've been buying (smaller) companies and technology all along, and now we can raise the bar," he said...."

"Mr. Cowpland said it does not make sense to do a deal with Red Hat because that company's product is based purely on Linux to the exclusion of applications based on Microsoft Windows products. Corel, on the other hand, has a Linux operating system for consumer desktop computers that will also support Microsoft Windows-based applications."

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