The Haus

Tuesday, October 3, 2000

Micro$oft Buys Stake in Corel -- 10:34 am CST, Update by J.t.Qbe

It's all over the news: Microsoft has purchased ~24 million shares of stock in Corel, owner and current maintainer of WordPerfect and other applications. You can read about it here, here, here and elsewhere, with some commentary by the Linux community here.

My take: Corel has been on the rocks for months now. The writing has been on the wall: Corel needed cash or it would die. For a long time Corel has been competing with Microsoft; now it appears that Microsoft has won. What strategy can be more effective than buying your competition? Microsoft claims to be interested only in Corel's research capabilities. Those who believe that have probably never heard of Microsoft before. Microsoft looks out for Microsoft. I suspect that the ancient lineage of WordPerfect is coming to an end very soon. Too bad. It was a good word processor and part of a good office suite. RIP WP.

News for 10/03/2000

Recent Headlines

January 5, 2015: It Returns!
August 10, 2007: SCO SUCKS IT DOWN!
July 5, 2007: Slackware 12.0 Released
May 20, 2007: PhpBB 3.0 RC 1 Released
February 2, 2007: DOOM3 1.31 Patch

January 27, 2007: Join the World Community Grid
January 17, 2007: Flash Player 9 for Linux
December 30, 2006: Darkness over Daggerford 1.2
December 19, 2006: Pocket Tunes 4.0 Released
December 9, 2006: WRT54G 1.01.1 Firmware OK with Linux/Mac

All original information on this website is copyright © TheHaus.Net, 1999-2005. The use of original images, text, and/or code from this website without expressed written consent is prohibited. The authors of this site cannot be held responsible for any damage, real or imagined, which comes from the use of information presented on this site. All trademarks used are the properties of their respective owners. This site is not to be used as a floatation device (but if you try, I want a video tape of it).