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
"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..."