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Corel Posts Another Big Loss
News Corel warned investors in December that it would take a substantial loss in the fourth quarter, saying it was hurt by a move to lower the amount of inventory in the sales channel and by a write-off for "obsolete" inventory.
[January 20, 1998, 16:45]
Corel Aims For Enterprise With Java Groupware
News Corel terms the CorelCentral technology 'GroupWebWare' and plans to sell it through integrators as well as off its own bat. ORB will run Windows, Macintosh and Unix applications but Corel will optimise its WordPerfect, Paradox, Quattro Pro and...
[August 19, 1997, 16:24]
Q&A: Corel Chief Says Deepwhite Will Mirror .Net
News Having got costs under control last year, Corel now says it has resources and ideas for a new, smarter company. For the home and small business there's Corel: everyone is familiar with CorelDRAW. ZDNet Italy met Derek Burney, president and chief...
[June 28, 2002, 14:24]
The Day Ahead: Corel Tries Out New Buzzwords
News Corel fumbled yet another quarter, but somehow still manages to string investors along with its liberal use of buzzwords. Corel management said the company is cooking up hot technologies for the day when Microsoft won't rule the computing world...
[March 21, 2000, 11:50]
Corel CEO Sees Future Growth Potential
News On Monday, Corel posted a wider than expected loss in its first quarter, losing $12.4m (£7.6m), or 19 cents (12p) a share, on sales of $44.1m (£27m). With an improved cash position since Q4 1999, and profitable investments, Corel is positioned to...
[March 21, 2000, 9:32]
Corel Closes The Curtain On Open Source
News Corel has announced it is officially shutting down its open-source software development site as of 1 March, closing the book on its attempt to develop a user-friendly alternative to Windows. Canada-based Corel informed developers of the move in a...
[February 18, 2002, 14:37]
Corel Chief Dismisses Crusoe
News Canadian software giant Corel has already dismissed the idea of developing software for the Crusoe family of microprocessors, according to president and CEO Michael Cowpland. Despite a commitment to Linux, however, Cowpland says that Corel is not...
[February 25, 2000, 6:30]
Corel Sells Netwinder Division To HCC
News Corel has sold off its NetWinder thin client desktops to Hardware Computing Canada (HCC) less then a month after it officially launched the products. But Corel is far from abandoning the Linux-based desktops.
[January 21, 1999, 12:08]
Comdex '99: Corel Puts A Penguin The Desktop
News Corel Linux is based on Debian 2.2.12 Linux kernel. At Comdex on Monday, Corel launched Corel Linux--the Linux for the rest of us. Corel wasn't the least bit shy with its launch. In particular, Corel Linux outdoes the other Linux distributions in...
[November 17, 1999, 9:52]
Corel Linux To Run Windows Applications
News Users of Corel Linux will soon be able to run Windows applications via a network connection using software developed by Linux software development firm GraphOn. GraphOn Bridges software will allow a cluster of Corel Linux machines to remotely...
[January 7, 2000, 11:08]
Corel Plunges After Profit Warning
News Corel, which recently hit a 52-week high of 44 1/8 fuelled by Linux hype, fell 4 13/16 to 13 3/4, or 25 percent, after it shocked investors Wednesday with a profit warning. Cowpland's bullishness echoed what he said on Corel's first-quarter...
[December 23, 1999, 10:49]
Corel Takes Apple To Its Heart
News Proving that it has truly forsaken its PC-only heritage, Corel on Thursday announced new software titles for the Mac OS X operating system and pledged to bring all future titles to the new OS. Specifically, Corel announced that new versions of...
[November 16, 2001, 11:23]
Corel Signs 'Perfect' Agreement
News The sheer scale of PC Chips' reach makes this Corel's largest OEM opportunity to date, and one that will be hard to surpass," Corel CEO Michael Cowpland said in a release. This will make Corel a leader in business productivity applications in the...
[March 31, 1999, 7:24]
Corel Issues Profits Warning
News With orders worth in the region of $96 million and revenues of $54 million for the quarter, the loss has come as a bit of a surprise to City analysts, although Corel admits to having a large excess in its product inventory due to the sales slump.
[September 12, 1997, 10:00]
News Burst: Corel Denies Red Hat Acquisition Rumour
News Both stocks soared Monday on a rumour that Red Hat would buy Corel, which provides office productivity software. During an interview on CNBC Tuesday, Cowpland denied there were talks between the companies on a deal.
[November 30, 1999, 16:36]
Corel Goes Modular
News Corel is introducing a new concept in free downloadable software. It will be released in autumn 2006, according to Corel. It's a wide expanse of partners, not a restrictive set of partners," said Blaine Mathieu, the general manager of digital...
[June 27, 2006, 12:00]
Corel Launches Office Upgrades
News Corel on Tuesday announced an updated version of WordPerfect Office, its rival to Microsoft's dominant Office suite. The new program, Corel WordPerfect Office X3, adds the ability to import and export its files to Adobe's PDF.
[January 18, 2006, 14:15]
Corel Profits Head South
News The numbers represent a stark reversal of the year-earlier quarter, when Corel posted net income of $6.5 million on sales of $125 million. Since then, the company's financials have flagged; when it posts results January 13, it will mark Corel's...
[December 18, 1997, 14:58]
Corel Targets SMEs With WordPerfect Release
News Corel has released a new package of its WordPerfect Office software designed specifically for use by small businesses. WordPerfect Office 12 - Small Business Edition, announced on Tuesday, is aimed at organisations with 50 users or fewer, a group...
[April 27, 2005, 9:55]
Corel Sinks Deeper In The Red
News Corel has seen a fourth quarter loss of 14 cents a share. Translation: Corel stuffed the channel and didn't get the sell-through. The latest profit warning is bad news to investors that bought into Corel at the peak of its Linux hype.
[December 23, 1999, 6:08]
