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NB: Corel Plans Asia Pacific HQ In Sydney

“Canada’s Corel Corporation [NASDAQ:CORL] is to set up an
Asia-Pacific headquarters in Sydney, as it gears for a big push
into the desktop Linux scene, president/CEO Michael Cowpland has
revealed during a brief Sydney visit.”

“It will share offices with Inprise/Borland, subject of a
planned merger with Corel, reports online Australian news service
ITNews.”

“Over the next two quarters, Linux sales should reach 10 percent
of total revenue, said Cowpland. “Within a few years we’ll be 50/50
(Linux versus Windows),” he added.”


Press Release