“Corel Corp. today announced its intentions to acquire
Inprise/Borland Corp. in a $2.44 billion stock swap that the
companies say will create a “Linux powerhouse.”
“Both firms have recently refocused their businesses around
the open-source operating system after going through several
directional shifts. Corel has at times developed Java
applications, handheld devices and office suites. Recently, it
announced a major Linux initiative, launching a desktop version of
Linux in November as well as plans for Linux versions of its Office
suite and CorelDraw and Photo Paint packages later this year.”
“Inprise/Borland recently announced plans to offer a Java
development environment for Linux and said Kylix, its set of rapid
application development tools for Linux, will be released later
this year.”
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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