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TheDeal.com: Corel to sell off Linux assets

Jan 24, 2001, 16:46 (0 Talkback[s])
(Other stories by Tyson Freeman)

"Corel's exit from the Linux scene was expected and welcomed by many analysts."

"'The Linux desktop marketplace in the U.S. has been a non-starter for Corel,' said Chris Le Tocq, an analyst with technology research firm Gartner Interactive of Stamford, Conn. 'Corel's Linux strategy was a legacy of the Cowpland management, and now they are shedding that legacy."

"'This new strategy makes a lot of sense,' said Jean Orr, analyst for New York-based Bluestone Capital. 'Their lack of focus has probably hindered their service to the existing customer base. Plus, their best potential for growth is in the graphics market. I never thought that the Linux operating system strategy would be a money maker for them.'"

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