News

Cold Feet Quashes Corel

The proposed merger between Corel Corp. and Inprise/Borland Corp. has been called off due to changes since the merger was announced. Citing “significant changes” since the deal was announced, Corel axed the merger this morning.

Corel (www.corel.com) has recently gained attention by its aggressive Linux marketing, including its port of the WordPerfect word processing application. Inprise/Borland (www.inprise.com) is best known for its line of compilers and developer tools.

Speculation centers around the concerns voiced by Inprise/Borland stockholders, particularly the US/Canadian exchange rate. A few Inprise/Borland stockholders felt that they were not getting a fair deal in the merger. When their stock was tied to Corel’s, the value of the stock slipped considerably. - Christopher McConnell

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • Windows Server 20H1 Getting Smaller Containers and Faster PowerShell

    Microsoft is promising to deliver a smaller container size and improved PowerShell performance with its next release of Windows Server.

  • Microsoft Previews Microsoft Teams for Linux

    Microsoft on Tuesday announced a "limited preview" release of Microsoft Teams for certain Linux desktop operating systems.

  • Hyper-V Architecture: Some Clarifications

    Brien answers two thought-provoking reader questions. First, do Hyper-V VMs have direct hardware access? And second, how is it possible to monitor VM resource consumption from the host operating system?

  • Old Stone Wall Graphic

    Microsoft Addressing 36 Vulnerabilities in December Security Patch Release

    Microsoft on Tuesday delivered its December bundle of security patches, which affect Windows, Internet Explorer, Office, Skype for Business, SQL Server and Visual Studio.

comments powered by Disqus

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.