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Corel buys video software maker InterVideo
Corel tends to take a back seat these days with their low-cost, small business alternative software, but they are still out there and moving steadily with their IPO this year. Corel Corp. just hit the news again with their recent acquisition of the makes of WinDVD, InterVideo, in a rumored $196 million deal. Corel is best known for their WordPerfect software which is up against Microsoft's Office, and Corel Draw and Paint Shop pro pitted against Adobe's products. Will Corel ever hit the top of the software food chain? Most likely not, but they do offer some interesting alternatives.[via cnet]
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Subscribe to commentsQwfwqAug 28th 2006 8:06PM
I guess they have hit the top of the food chain in respect to Digita Painting software with their Painter IX - there really isn't any other nearly as good. But that's, I believe, a relatively small niche. Corel does seem to disperse its efforts in too many directions and, despite its products being much more affordable, it has a hard job competing with the established Microsoft's Office or Adobe's PhotoShop/Illustrator. Not sure what they are aiming at with the buy out of Intervideo.