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National Post: Corel may put Linux on block

Nov 21, 2000, 18:09 (6 Talkback[s])
(Other stories by John Greenwood)

"Cash strapped Corel Corp. is considering options for its Linux operating system business, including a possible sale."

"'In order for [the business] to be successful, it needs to be bigger than it is,' Derek Burney, the chief executive, said yesterday. 'There are a number of ways to do that. We could acquire the missing pieces, we could merge with someone, or we could simply sell it. We are prepared to look at any possibility.'"

"Ottawa-based Corel, who's stock has tumbled more than 75% this year, expects to announce its plan for the Linux business as early as next month."

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