“Shares in Canadian software developer Corel rocketed in heavy
midday trade on growing buzz about its Linux products and rumors it
could be a takeover target….”
“Rumors swirled that Red Hat is looking at Corel as a possible
acquisition target, traders said….”
“Tera Capital fund manager Duncan Stewart said Red Hat
buying Linux isn’t outside the realm of possibility, given that Red
Hat has been criticized for not having a strong distribution
network — something Corel could offer.“
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.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
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