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Corel Corporation : ウィキペディア英語版
Corel

Corel Corporation (from the abbreviation "Cowpland Research Laboratory") is a Canadian software company headquartered in Ottawa, Ontario, specializing in graphics processing. It is known for producing software titles such as CorelDRAW, and for acquiring PaintShop Pro, Video Studio and WordPerfect.
== History ==
Corel was founded by Michael Cowpland in 1985, as a research laboratory. The company had great success early in the high-tech boom of the 1990s with the product CorelDRAW, and became, for a time, the biggest software company in Canada. In 1996 it acquired Novell WordPerfect and started competing with the thought of being "Pepsi to Microsoft's Coke" as Microsoft Word was the top-used word processing software at the time. Corel's job was in a difficult position as Microsoft pushed pre-loaded copies of its software onto new computers. This mainly consisted of Microsoft Works office applications, but a variant called Works Suite also bundled the Microsoft Word software.
In August 2000 Cowpland was accused of insider trading and left. A new board of directors was then appointed and Derek Burney Jr., announced that the product line would be split into several brands—DeepWhite, ProCreate, and Corel. However, these plans would be scrapped, and only the Corel brand would remain. Corel acquired the graphics software company Micrografx in late 2001.
In August 2003, Corel was bought out by the private equity firm Vector Capital for $1.05 a share (slightly more than the cash in the company). The company was voluntarily delisted from the NASDAQ and Toronto Stock Exchanges. Some U.S. shareholders alleged the management benefited from the buyout personally while the buyout price was too low. A lawsuit was filed in the U.S. to stop the buyout and was unsuccessful.
In March 2005 Corel announced that the United States Justice Department purchased 50,000 licenses of WordPerfect (adding to the worldwide user base of 20 million) and that WordPerfect was adding 4 million new users per year thanks to bundling deals with Dell. Corel contended that WordPerfect was the only viable alternative to Microsoft Office with sales 70 times more than Lotus' SmartSuite. On April 26, 2006, Corel completed its return to the public market with an initial public offering on NASDAQ, the same day finalizing the acquisition of WinZip, a well-known archiving software title.
On December 12, 2006, Corel completed its acquisitions of InterVideo and Ulead. The InterVideo acquisition was valued at around $196 million. In May 2008, CEO David Dobson announced that he was leaving the company to take a senior strategy role at Pitney Bowes. Dobson was replaced on May 8 by former Symantec executive Kris Hagerman. In November 2009, it was announced that Vector Capital would be purchasing the remaining shares of common stock in Corel Corporation. Upon completion, this made Corel once again privately owned.〔(Corel Holdings Announces Successful Tender Offer and Commencement of Subsequent Offering Period ), URL accessed on 26 November 2009〕 On January 29, 2010, the shareholders of Corel approved its previously announced stock consolidation completing the transfer to Corel Holdings, L.P., a limited partnership controlled by an affiliate of Vector Capital.
In January 2012, Corel acquired Roxio from Rovi Corporation for an undisclosed amount. Subsequently on July 2, 2012, Corel announced its acquisition of Pinnacle Systems, a developer of consumer-oriented video editing products (such as the Pinnacle Studio series) owned by Avid.
Having suffered layoffs in 2003, 2008 and 2012, Corel went through another re-structuring in December 2013 by letting go the entire engineering and quality assurance team in its Taipei office. The Taipei office had been the core development centre of PaintShop Pro and VideoStudio, one of Corel's most well-known photo- and video-editing bundles. The 2013 re-structuring led to a complete handover of the product development to outsourced companies, and cut off support of pre- and post-purchase customer service.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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