PC World: Who Buys Corel?May 19, 2000, 23:56 (3 Talkback[s])
(Other stories by Eric Bender)
"With its stock in a major sulk, Corel is currently capitalized at about a half billion bucks. Who's willing to pay a premium to snap it up?"
"Some takers might lurk in the Linux camp. Other potential suitors might be big hardware or maybe even software contenders that still have a little stock to spare. On the downside, precious few of these folks seem very interested in desktop applications."
"A well-heeled application service provider (ASP) might make a better match. Running basic applications over the Net is slowly turning into a real business. StarOffice and new built-for-the-Web suites such as ThinkFree.com can't really hit the high bar against Microsoft, but perhaps WordPerfect Office online could present a challenge."
"Maybe Yahoo should buy Corel and make its apps into ASPs. Isn't this an opportunity over the long run for a well-heeled portal?"