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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."

11 of 391 comments (clear)

  1. similar article by Mdog · · Score: -1, Troll

    There's a very similar article over at tubgirl tech archive. It was posted about a week ago.

  2. but.. by Spicy+Bisquit · · Score: 0, Troll

    without corel, the entire computing infrastructure as we know it is going to collapse all around us.
    i am off to start the looting.

  3. Re:Why corel is dying by FuzzyBad-Mofo · · Score: 0, Troll

    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.

  4. Re:Well, duh by Anonymous Coward · · Score: -1, Troll


    Actually, you should check your facts before you go spouting off bullshit like this. In reality, MS bought Corel only to discover that a bunch of negroes worked there and they refused to do any work. Eventually the entire company all got AIDs from one another, so MS decided to pull the plug.

  5. Re:Well, duh by Anonymous Coward · · Score: -1, Troll

    aw...you're just pissed cause your mom worked there.

    and got fired.

    lazy whore...all she'd do all day was sit on the copier.

    i got fired too.

    i was screwing her on top of the copier.

    say hi to your 'brother' for me ;o)

  6. Re:90% Loss? by Anonymous Coward · · Score: -1, Troll


    What about Microsoft hardware, you stupid fucking cunt son of a bitch asshole?

  7. Re:Missing the point by Anonymous Coward · · Score: -1, Troll


    Good point, and good point by the parent and grandparent posts.

    My point is this: If your mother tells me one more time that she's going to swallow my cum, and then spits it out at the last minute, I'm going to beat her face even worse than I normally do. What a bitch.

    That's 2 BJs a day, X 365 days in a year ...

    that's a fuck of a lot of crack that whore buys because of me.

  8. Re:Why corel is dying by davmct · · Score: 0, Troll

    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.

  9. Re:Missing the point by Anonymous Coward · · Score: -1, Troll


    What are you smoking? No one in the real world gives a shit about Linux except the faggots around here on slashdot. Bill Gates wouldn't give a fart to get rid of linux, it would be a waste of a fart he could have used in a meeting for a few laughs. Stop pretending that Penix matters outside of your little world, take a shower, develop some real marketable skills, and stop sucking cock all the time. Cunt hole.

  10. Re:Why corel is dying by SN74S181 · · Score: 0, Troll

    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.

  11. Re:Well, duh by t0ny · · Score: 0, Troll
    Well, thats your spin on it. However, Sony spent quite a bit of money on the PSX, and Nintendo spent quite a bit to develop the GameCube. Bill didnt get shipped the XBox plans for Christmas, it took money to develop.

    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.