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Microsoft Writes Off Corel
PizzaFace writes "Microsoft resuscitated Corel two and a half years ago, paying $135 million for a quarter of Corel's equity ownership. Corel talked then about bringing its products to .Net, and even hinted that it might use its Linux expertise to port .Net to Linux. Since then, Corel gave up on the Linux business and isn't talking anymore about .Net, but is instead riding its XML hobbyhorse. So Microsoft is selling its stake in Corel to a VC firm for $13 million, taking a 90% loss on the investment."
without corel, the entire computing infrastructure as we know it is going to collapse all around us.
i am off to start the looting.
I'll say. At my last job, I had the misfortune of being dictated to use Corel Draw even though we already had Photoshop, simply because the PHB used it once in college. In my opinion, even The GIMP has a superior user interface.
you must still be using wordperfect 3.0 where you need to WORRY about codes.
Winword is far superior to WP in every way imagineable. If Corel had kept the development up on WP, maybe it would still compete, but nobody has innovated or made that product worth its investment since before it was owned by Novell. That, IMHO, was the downfall of WP.
So well that all my hardware purchases for the forseeable future will be from Apple.
Well, they'll have to be from Apple if you're going to stick with a closed-market Operating System.
Also, while the XBox is still not making as much as the PS2, Im sure MS is recouping their money. Remember, the games make the money, not the system.
Also, you will probably see a lot of lessons they learned from the XBox begin to show up down the road in PC gaming.
Manipulate the moderator system! Mod someone as "overrated" today.