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ZDNet UK: Corel users face rethink

Aug 29, 2000, 17:46 (15 Talkback[s])
(Other stories by Martin Veitch)

"Corel is now an obvious target for purchase. It still has a large user base and its stock continues to struggle near its 52-week low, giving it a market capitalisation of just $200m. A change of owner could force today's Corel users into problems with file incompatibilities and new licensing terms."

"Corel's WordPerfect Office suite and CorelDraw illustration and graphics program are widely used in large organisations. The WordPerfect wordprocessing program remains popular in law firms and Corel has recently attempted to provide packages that simplify use of Linux on the desktop. Also, MetaCreations recently sold its popular Painter, Kai's Power Tools and Bryce graphics tools to Corel."

"For most industry watchers, it is a case of when rather than if Corel sells out. However, the changes the firm has been through over the years make predictions difficult. Corel has interests in fields including graphics, Linux, productivity application tools and consumer programs. Adobe could, for example, be interested in the graphics side, while Red Hat or Caldera could be interested in the Linux side."

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