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Microsoft Bails Out Of Corel

Posted by ryuzaki0 on from the it-was-inevitable dept.

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

5 of 166 comments (clear)

  1. 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.

  2. 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...

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

    Sweet.

    --

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

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

    You can't buy market dominance like that.

    Oh, wait...

  5. 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?