32BitsOnline: Corel's Relentless Rise on Takeover | Linux Today

32BitsOnline: Corel’s Relentless Rise on Takeover

Written By
Web Webster
Web Webster
Nov 30, 1999

Corel has something that Red Hat wants – the retail and
end-user distribution channels. That alone fueled speculation that
Red Hat is considering buying Ottawa-based Corel
Corporation….

“Ever since the highly successful IPO of North Carolina based,
Red Hat Software, the company has been on a spending spree. First
buying Cygnus Solutions for under $700 million and now rumor is all
over Wall street that Corel Corporation might be its next
target.”


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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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