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ZDNet UK: Corel looks to future

Jan 20, 2001, 21:36 (10 Talkback[s])
(Other stories by Martin Veitch)

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"Corel will, on Tuesday, detail its plan to restore profitability.But pundits are divided over whether it has decided to dispose of its Linux interests."

"The Canadian software developer is due to make a major announcement to quell speculation over its future. Though the firm is a minnow, in revenue terms, it remains key to many IT departments, thanks to its ownership of the WordPerfect Office application suite, the CorelDraw graphics package, and a multi-pronged push to develop more usable desktop software for Linux."

"Corel declined to comment on its plans, but in an official statement said the announcement will cover "every product line, technology group and sales channel."

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