Inprise draws on Corel

Creating a self-proclaimed "Linux powerhouse", the new entity, to be called Corel, will offer "end-to-end solutions featuring a range of productivity applications, development tools, and professional services for all major platforms".

Bradbery said the merged entity's products were complementary, and would lead to a number of advantages for the industry and consumers alike.

He said both companies sold their products through the same channel with common distributors, and as a single organisation the new company would take advantage of the opportunity to focus on the retail channel. "We can spread our marketing dollars in a more focused manner, and we will also have the ability to put together target packages that will offer price advantages to the channel," Bradbery said.

He also said there would be no staff losses locally, and claimed Inprise was more likely to recruit extra staff this year, after continued growth of over 20 per cent over the past two years. During this time, Bradbery said the company's staff had increased by over 300 per cent to 86 personnel.

The merger will see Inprise shareholders receive 0.747 Corel common shares for each share of Inprise common stock held.

The two companies said they had total revenues of approximately $418 million in 1999 and currently have over $200 million in cash.

Corel recently released Corel Linux, a desktop operating system, and Inprise recently announced Jbuilder 3 Foundation -- a Java development environment for Linux.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

David Smedley

PC World
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?