“Cash-starved Corel Corp. has denied speculation it may be broke
in a matter of days.”
“A published report in a national newspaper yesterday said
“several analysts” believe Corel could go broke “within days, not
weeks.“
“That particular report misstated Corel’s financial position,”
said company spokeswoman Catherine Hughes. “Corel’s financial
position is stable, and we continue to meet our financial
obligations.”
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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