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Toronto Star: Linux Growth Bitter Pill for Corel

Aug 05, 2002, 22:00 (21 Talkback[s])


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[ Thanks to grw for this link. ]

"Did Corel Corp. goof up again?

"It's been a year since the Ottawa-based software company, under the direction of chief executive Derek J. Burney, struck a deal to sell its fledgling Linux OS division for a few million bucks.

"Burney argued at the time that Linux was too much of a distraction for money-losing Corel, which had pledged to get its ship in order after former CEO Michael Cowpland jumped overboard and left behind a half-sunken vessel full of holes.

"Fair enough. On the other hand, conspiracists immediately called the asset sell-off a Microsoft pressure tactic. Microsoft had recently purchased a 21 per cent non-voting stake in Corel, and since Linux represented a direct (albeit tiny) threat to Windows, the software giant certainly had motive..."

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