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Corel Ousted From Public Life?

gagy writes "Ottawa's Corel Corp. has been showing signs of weakness in the past few years, and looks very likely to be bought out by Vector Corp, at which point it will become a privately held company. A Toronto Star story spells out the details of the deal, and takes a brief look at the history of Corel." We mentioned Corel's deal with Vector last month.

19 of 214 comments (clear)

  1. What a fall. by nightsweat · · Score: 4, Insightful
    From WordPerect's market dominance to getting bought out by a graphics package maker to this.

    Maybe the law firms will think about converting now?

    --

    the major advances in civilization are processes which all but wreck the societies in which they occur - A.N. White
    1. Re:What a fall. by sisukapalli1 · · Score: 3, Insightful

      It is sad to see such a turn of events. The only thing that can make it worse is if some SCO like low lifes buy the company for a few pennies and start suing people at OpenOffice.org or KOffice.org.

      Ofcourse, M$FT and even SUN will pay money to those companies to make sure "they respect IP rights."

      Sorry about the rant. There is so much reason for outrage.

      S

  2. Corel, you will be missed by Anonymous Coward · · Score: 4, Insightful

    Even back in the days before Linux went mainstream, from Corel Draw onward, Corel was ever a thorn in Microsoft's side. It looks like they went down in the good fight. The name "Corel" may emerge from this yet, but it sure won't be the same rebellious little software firm with a chip on it's shoulder.

    Here's to Corel... may it live on in out hearts and minds in "the happy coding ground."

    1. Re:Corel, you will be missed by molarmass192 · · Score: 4, Insightful

      Corel sold out to Microsoft. The only reason they ever even got a cash offer from MS was because they had a Linux product line that was a drop in replacement for MS OS/Office, notice how quickly afterwards it was withdrawn. I appreciate their work on WINE but other than that, good riddance, you danced with the devil and now you have to pay the price. Let this be a lesson to anybody would thinks MS is their white knight. Does anybody here remember Sybase?

      --

      Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws-Plato
    2. Re:Corel, you will be missed by Otter · · Score: 4, Insightful
      Corel was ever a thorn in Microsoft's side. It looks like they went down in the good fight. The name "Corel" may emerge from this yet, but it sure won't be the same rebellious little software firm with a chip on it's shoulder.

      If anything, that was the problem with Corel. They were so fixated on avenging themselves on Microsoft, they jumped on every bandwagon that came along -- Java, Linux -- with no regard for whether it would work or if anyone would buy it. Apple, in contrast, survives because Steve Jobs and the corporate culture have an attitude of "What can I make that will be good and that people will pay money for?" not "How can I screw Microsoft?"

      Sun, are you listening?

    3. Re:Corel, you will be missed by panaceaa · · Score: 4, Insightful

      Corel was constantly chasing the latest "hot" technologies without ever letting their products mature and becoming marketable. Your reference to the change from Linux to .NET is a great example. But ever since Corel Draw became obsolete, Corel spent large amounts of time and money developing hype-driven products.

      The first blunder I remember happened when Java was super hyped-up by Sun. With great fanfare, Corel ported Word Perfect to Java. Corel later cancelled the project, right when it was gaining market traction, seemlingly because the Java hype calming down. Around the same time, Palm sneaked on the scene with their much-hyped PDAs, and Corel announced it would create a PDA running Java (which never made it to market).

      The bubble moved on, and in around 1999, Linux became the hot technology. Corel created a Linux distribution and ported Word Perfect to Linux. Only a few years later, Corel cancelled both projects and announced it's amazing new idea to create products for .NET. I can only imagine their .NET products will share the same fate.

      I have no sympathy for Corel's demise. Ever since Corel Draw became a cash-cow, Corel never attempted to create products people actually wanted (to pay for, anyway). They chased hot technologies instead of customer's needs. I can't believe so many people, especially people on Slashdot, took the hype to heart and actually believed Corel would follow through on their announcements.

    4. Re:Corel, you will be missed by The+Bungi · · Score: 2, Insightful

      Yes, but Draw was one the the things that legitimized Windows 3.x, along with Aldus PageMaker and a few other "seminal" apps.

  3. Does it really matter? by cageyjames · · Score: 2, Insightful

    I am about to put my Word Perfect CD-Roms next to my WordStar floppies and Ami-Pro disks. Actually who really cares? Corel has not just hurt Word Perfect, but their other graphics tools just aren't good anymore. If they had spent more time working on Word Perfect and less on porting everything to Java, this might not have happened. How can Intuit survive Microsoft and not these other companies?

    1. Re:Does it really matter? by oni · · Score: 3, Insightful

      How can Intuit survive Microsoft and not these other companies?

      Is it because Microsoft isn't trying? Just wait until they start putting Microsoft Money into Office - or maybe including it with Windows. Intuit will be gone in no time flat. If people already have MS Money do you think they'll go out and buy Quicken? Even if Quicken is better? I don't think they will. It's sad but it's true. This is how MS competes.

      The only way to beat MS is to give your software away for free or establish a niche market that MS doesn't care about.

  4. Poor Headline by windowpain · · Score: 4, Insightful

    "Corel Ousted From Public Life" is a poor choice of words. "Ousted" means "To eject from a position or place; force out." Nobody is forcing anything. Vector is simply making a tender offer.

    And when a company goes private it doesn't disappear from "public life." Its ownership merely changes hands.

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    Insert witty sig here.
  5. RIP Corel by larry+bagina · · Score: 4, Insightful
    For those that don't know, Corel used WineLib to recompile thwir Windows Wares under linux. They also contributed a fair amount of code and bug fixes to Wine.


    However, if htey become private (closed), it's likely to put a stop to their linux activities.


    Closed companies have generally been less receptive to Open Source (VA Linux, IBM, and Red Hat are all public companies). The threat of shareholder lawsuits is usually enough to make sure public companies use Linux to save money, and adopt Open Source ideals. Private companies, sadly, often end up being microsoft-only shops.

    --
    Do you even lift?

    These aren't the 'roids you're looking for.

    1. Re:RIP Corel by Arandir · · Score: 2, Insightful

      Two examples that prove you wrong. Public company that doesn't support Linux: Microsoft; Private company that does: SuSE.

      --
      A Government Is a Body of People, Usually Notably Ungoverned
    2. Re:RIP Corel by justsomebody · · Score: 2, Insightful

      ,b.heh, in which century do you live in???

      they dropped linux support year, two or three ago COMPLETELY

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      Signature Pro version 1.13.2-3 release 83.5 beta3try7 after-breakfast edition
  6. Re:The Corel Touch of Death by Anonymous Coward · · Score: 1, Insightful

    Actually, Corel didn't kill all of them; it was quite the opposite. MetaCreations was responsible for Bryce and a few others (Most notably Poser, which Corel didn't buy) but they forced to sell out and move out. Corel saved the Bryce product line, and version 5 was a leapfrog over version 4.

  7. Re:Corel by Arandir · · Score: 2, Insightful

    A bunch of guys in suits who havent had a product in a decade will sit around wondering why they arent making any money.

    Hate to break the news to you, but ALL suits sit around and wornder why they aren't making any money, regardless of their situation. At my company we have 53% marketshare out of a field of three, increased revenues by 14% from last year, and are making enough money that we are keeping our sibling divisions in the corporation afloat. Yet the CEO is still yelling at us for being nogoodniks, laying off people left and right, and outsourcing research and development. He's kvetching and moaning that we're losing money, while the independent industry press is praising us for strong growth during the recession.

    --
    A Government Is a Body of People, Usually Notably Ungoverned
  8. Don't write them off just yet... by mercuryresearch · · Score: 2, Insightful

    Corel, via WordPerfect office, has been pretty instrumental in the emergence of low-cost PCs. The OEM price of this package is insanely low (around $10 +/-) which lets the PC manufacturers sell at a lower price point than they could if they equipped the system with Microsoft products.

    Dell, HP/Compaq and Sony all ship Corel/WP Office with their low-end consumer systems due to the cost advantage.

    I suspect that this might be a motivation for someone in the VC community to consider buying them. Low-cost PCs are a growth market.

  9. Er... by TheAwfulTruth · · Score: 2, Insightful

    Was that a joke?

    Painter originally was a Fractal Design product up to version 5, then is was owned by MetaCreations up to version 6 I think, then and finally bought by Corel and published by them since.

    I believe that both Fractal Design and MetaCreations are dead, dead, dead.

    Though I agree with you about that first thought, I hope painter goes somewhere, it's too good a product to just let die.

    --
    Contrary to popular belief, coding is not all free blow-jobs and beer. Those things cost MONEY!
  10. Re:Corel by nvrrobx · · Score: 3, Insightful

    With Dell machines, you can choose WordPerfect Office instead of Microsoft Office or Works. I saved some money on my laptop when I did that.

    I prefer WordPerfect anyhow (I was a die-hard WordPerfect for DOS user).

    Is any other word processor ever going to get a Reveal Codes feature? I'm sure I'm not the only person that considers this one of the most powerful features of WordPerfect.

    The amount of control over your document with WordPerfect was absolutely amazing, and something I really miss every time I have to use MS Word.

  11. Keeping it alive by dspeyer · · Score: 2, Insightful
    I, too, used Wordperfect since version 5.0 for Dos. I followed up through 8.0 for GNU/Linux (which was far better than 9). I left looking partly for more polish, but mostly just for freedom.

    Even so, Wordperfect is still the best word processor out there. From reveal codes to draggable margins (7.0+) to such simple things as justify all, Wordperfect does so much no other word processer can. When I have serious desktop publishing needs, I still seek out wordperfect, difficult though it may be to find.

    But such is the way of proprietary software. It comes, it goes, and we can only mourn its passing. Why is it that Wordperfect's clearly superior ideas haven't appeared in OSS word processors? Is the OpenOffice team unfamiliar with WordPerfect?

    Let us remember Wordperfect, and let us bring that memory into our own work now.