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“There’s more than one way to get your house in order.”
“Through a number of partnerships and spinoffs, Ottawa-based
Corel, a Linux applications developer, is implementing a plan that
will refocus its efforts and financial resources on core activities
such as its Linux products, according to a filing with the
Securities and Exchange Commission (SEC).“
“Part of that plan outlined in the recent filing is the possible
spin-off of activities that are not in Corel’s core interests or
that could be outsourced. The sale of minority investments is also
an option Corel is keeping in reserve. In the document, the company
admits that this is not a panacea and probably will not result in
immediate monetary results.”