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32BitsOnline: Corel’s Relentless Rise on Takeover

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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