[Am-info] Corel Bought By Venture Capitalists

[Fred A. Miller]

Yet another surprise,
Corel, which describes itself as "a leading technology
company specializing in content creation tools,
business process management and XML-enabled enterprise
solutions" is selling it's stock to "Vector Capital"
which will undoubtedly allow "This all-cash
transaction offers Corel's shareholders an attractive
premium and _relieves_ them of market and operating
risk going forward. Without the costs and distractions
of the public market, Corel's dedicated employees can
focus on what they do best =C3=A2=E2=82=AC" delivering the highest
quality software products to a diverse global customer
base."

http://www.corel.com/servlet/Satellite?pagename=3DCorel/Company/PressRoom/P=
ressRelease&id=3D1044393442588&prid=3D1047021962405

They could just say they they went broke and are
leaving the market at $1.05 a share. (A bit less than
Redhat sells for). Or they could say, "Ok, ok, so we
partnered with Microsoft and for some unknown reason,
we went bankrupt. Darn bad luck. Has anyone else had
this problem when partnering with Microsoft?"

=2D-=20
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