LinuxToday.com.au: How Long For Corel's Linux Strategy?Sep 24, 2000, 22:05 (5 Talkback[s])
(Other stories by Bill Bennett)
[ Thanks to renai43 for this link. ]
"Corel, the once successful but now ailing Canadian software developer, has been thrown a financial lifeline by a mystery investor. At the time of writing, there's not much hard information about the deal. Corel's enigmatic press release mentions the number of shares that may be purchased over a 24-month timetable and there are some words about structural realignment."
"Some of the financial stuff in this deal a little unusual, you can read about that elsewhere. Here I'm more concerned about what these events mean from a Linux perspective."
"Although Corel had previously flirted with OS/2, Larry Ellison's Network Computers and Java, in recent years it had publicly committed its future to Linux. Indeed, Corel is the only company from the earlier PC software era to deliver its own Linux distribution and is one of a handful of Windows desktop applications developers to port well-known software brands to the operating system."