Tag archive: Corel

Long-time software developer Corel Corporation has revealed in an amended SEC filing that it is accepting an offer from Vector Capital, its majority investor, to take the company completely private. Under the deal, Vector Capital will acquire the remaining outstanding 32 percent of Corel's shares that it doesn't already own. The move will give Corel a cash infusion necessary to avoid defaulting on loans on November 30; however, it… Read More

Folks who've hopped on the netbook bandwagon have probably noticed the systems are a little under-powered—and lack the screen real estate—to handle mainstream office productivity suites. Software maker Corel hope to tap into that nascent market with Corel Home Office, a three-app suite designed to handle word processing, spreadsheets, and presentations on netbook-style systems. And, the suite is even available on a USB… Read More

Corel Corporation has announced that its CEO, David Dobson, will be leaving the company before the end of June to take a senior executive position with an unnamed U.S.-based Fortune 500 company. In the meantime, Dobson and the Corel board are working on a transition strategy and have initiated a search for a new CEO. Dobson took over as Corel CEO in mid-2005; Dobson had previously served for almost two decades at IBM in senior management… Read More