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Microsoft Bails Out Of Corel

Motor writes: "Microsoft is selling its shares in Corel." Interesting -- it was inevitable that this would happen, I suppose.

10 of 166 comments (clear)

  1. Re:HELLO GENTLEMAN by Black+Parrot · · Score: 4

    See The Register about it.

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    Sheesh, evil *and* a jerk. -- Jade
  2. Re:HELLO GENTLEMAN by dreami · · Score: 4

    It's originaly from the *bad* translated japanese videogame "Zero Wing" to sega genesis. Look here for a nice flash sequence from the game.

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    "The best way to impress people is to be very efficient and organised. That shocks people everytime." - h4rm0ny
  3. Interesting juxtaposition of article titles... by outrage98 · · Score: 4
    "Microsoft Bails Out Of Corel"

    "A Million Bucks, Mach 7.6, Straight Down"

    Heh, heh...

  4. Related Story by Alien54 · · Score: 4
    In a related story summed up at the bottom of the original blurb (original link here):
    "Alarm bells first rang when it emerged last October that Corel's mystery investor was none other than Microsoft. They should have rung louder... Now it appears the United States Department of Justice is taking a closer look at the antitrust implications of that transaction."

    "To be brutally honest, I'm not going to shed any tears over the death of Corel's Linux distribution... On the other hand the passing of WordPerfect for Linux and WordPerfect Office for Linux would be more of a worry. Officially these products have not yet been dumped - but don't hold your breath."

    "But there's another reason to worry about the demise of Corel's Linux offering, the company has played a major role in the development of Wine. In January Corel outlined its business plan in a press release. Wine isn't specifically mentioned, but the company says it will continue to develop Linux applications and presumably this means the Wine contribution will continue. This means that a Microsoft controlled company is going to play a major role in the development of Wine. Is anyone looking at the antitrust implications of that?"

    While the original article is far more in depth, and goes on to mention that this is more likely a remnant of the previous administration, I can not but help start to feel like the republicans do about Clinton. It is hard. I try to control my dark side.

    But MS ..., each day one of its' minions goes and does something that just irritates the hell out of me.

    I'm going to have to start painting MS in the pictures of royalist France or something. Or maybe Napoleon. They are really starting to irritate me.

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    "It is a greater offense to steal men's labor, than their clothes"
  5. wow by JohnnyKnoxville · · Score: 4

    Microsoft knows how to sell companies? I had no idea.

  6. Sabotage and Dump by Anonymous Coward · · Score: 5

    Well, they got what they wanted. Corel is "out" of Linux distribution and no longer in competition with Microsoft. No need to hold onto the stock anymore. Now they can dump it on the market and watch Corel's stock price tank.

    Sabotage and Dump.

  7. HELLO GENTLEMAN by Anonymous Coward · · Score: 5

    Microsoft: ALL YOUR COREL SHARE ARE BELONG TO US !!
    Corel: WHAT YOU SAY !!
    Microsoft: Ooh, whoops, I mean you can have them all. My bad.
    Corel: YOU HAVE NO CHANCE TO SURVIVE MAKE YOUR TIME.
    Microsoft: HA HA HA HA HA HA...

  8. So... by Greyfox · · Score: 5
    They bought it, killed it, then sold it.

    Sweet.

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    I'm trying to teach myself to set people on fire with my mind... Is it hot in here?

  9. Re:So... by Winged+Cat · · Score: 5

    You can't buy market dominance like that.

    Oh, wait...

  10. Uhh, guys? by update() · · Score: 5
    With 20 posts already, no one has mentioned the fact that the Corel acquisition was getting them into deeper trouble with the antitrust people at the DOJ. I don't know why they'd be bothered about that now and not before, but maybe they didn't think it would raise eyebrows. Anyway, that seems to be the most likely explanation for why they're bailing now.

    For the people claiming "Microsoft invested in Corel, destroyed and is leaving the body for the vultures." -could you please elaborate on what they did to accomplish that? Persuade them that there was a meaningful Linux desktop market to target?