Corel Corporation

Type	Private
Founded	1985
Location	Ottawa, Ontario, Canada
Key people	Amish Mehta, Chair David Dobson, CEO Randall D. Eisenbach, COO Douglas R. McCollam, CFO
Industry	Software & Programming
Slogan	(none)
Products	Wordperfect, Corel Draw, more...
Revenue	$130.288 million CAD (2003)
Website	corel.com

Corel Corporation is a computer software company headquartered in Ottawa, Ontario, Canada. The logo of Corel. ... A chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... A chief operating officer (or COO) is a corporate officer responsible for management of day-to-day activities of the corporation. ... link titlelink title:for other uses of the abbreviation CFO see CFO (disambiguation) The Chief Financial Officer (CFO) of a company is the corporate officer primarily responsible for managing the financial risks of a business (see External Link below). ... Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ... Computer programming (often simply programming) is the craft of implementing one or more interrelated abstract algorithms using a particular programming language to produce a concrete computer program. ... Advertising slogans are claimed to be, and often prove to be, the most effective means of drawing attention to one or more aspects of a product. ... A screenshot of WordPerfect 12 running on Windows XP WordPerfect was also the name of a road bicycle racing team. ... CorelDRAW is a vector-based drawing application developed and marketed by Corel Corporation of Ottawa, Canada. ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... Red down arrow for negative revenue from the previous fiscal year. ... The Canadian dollar, CAD or C$, is the unit of currency of Canada. ... The front page of the English Wikipedia Website. ... A screenshot of computer software in action. ... Template:Hide = Motto: Template:Unhide = Advance Ottawa/Ottawa en avant City of Ottawa, Ontario, Canadas Location. ... Motto: Ut Incepit Fidelis Sic Permanet (Loyal she began, loyal she remains) Other Canadian provinces and territories Capital Toronto Largest city Toronto Lieutenant-Governor James K. Bartleman Premier Dalton McGuinty (Liberal) Area 1,076,395 km² (4th) • Land 917,741 km² • Water 158,654 km² (14. ...

It was founded by Michael Cowpland in 1985, who intended it to be a research laboratory ("Corel" is an abbreviation of "COwpland REsearch Laboratory"). The company saw great success early in the high-tech boom of the nineties with the product CorelDraw, and became, for a time, the biggest software company in Canada. Corel made many early investors very wealthy, but its strong growth did not last. It attempted to compete with Microsoft after acquiring the WordPerfect software in 1996, but it failed badly. Corel was forced to lay-off large numbers of employees and Cowpland came under investigation by the Ontario Securities Commission for insider trading. Michael Cowpland (born April 23, 1943) is a Canadian entrepreneur, businessman, and the founder and one-time president, chairman and CEO of Corel, a Canadian software company. ... This article is about the year. ... The 1990s refers to the years 1990 to 1999; the last decade of the 20th Century. ... Screenshot of CorelDRAW 11 CorelDRAW is a vector graphics editor developed and marketed by Corel Corporation of Ottawa, Canada. ... Microsoft Corporation (NASDAQ: MSFT, HKEx: 4338) is the worlds largest software company, with 2005 global annual sales of 40 billion US dollars and more than 55,000 employees in 85 countries and regions. ... A screenshot of WordPerfect 12 running on Windows XP WordPerfect was also the name of a road bicycle racing team. ... 1996 (MCMXCVI) is a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... The Ontario Securities Commission administers and enforces securities legislation in the Canadian province of Ontario. ... There are two kinds of trading that are referred to as insider trading or inside dealing: Usually illegal: Trading of a security of a company (, stocks, bonds or stock options) based on material non-public information. ...

Concerning the WordPerfect acquisition, Cowpland believed that WordPerfect could be the "Pepsi to Microsoft's Coke". This was a classical marketing perspective, but fundamentally flawed, perhaps reflecting Cowpland's lack of expertise in the software industry. Unlike food items, software programs have strong compatibility dependencies, which make entrenched applications much harder to compete against. Even if WordPerfect were better and marketed strongly, there would also need to be a compelling reason for existing Microsoft Word users to switch, and new users generally want to be compatible with existing users. Corel also failed to stop Microsoft from pushing pre-loaded copies of Word onto new computers, a strategy which eroded WordPerfect's higher market share. Because the company is no longer subject to the same rules governing publicly traded corporations, these claims can be difficult to verify. It should also be noted that many of those users received the software preloaded on a new computer. Corel generally charges the hardware manufacturer very little per copy for bundled software. A screenshot of WordPerfect 12 running on Windows XP WordPerfect was also the name of a road bicycle racing team. ... The current Pepsi logo Pepsi or Pepsi-Cola, is a carbonated cola soft drink manufactured by PepsiCo, and the principal rival of Coca-Cola. ... The wave shape (known as the dynamic ribbon device) present on all Coca-Cola cans throughout the world derives from the contour of the original Coca-Cola bottles. ... The term compatibility has the following meanings: In telecommunication, the capability of two or more items or components of equipment or material to exist or function in the same system or environment without mutual interference. ... Microsoft Word is a word processing application from Microsoft. ...

The WordPerfect acquisition also changed the nature of Corel itself. Whereas Adobe Systems remained in the graphics and publishing software business, Corel was suddenly no longer solely within that sphere. A barrage of new projects, such as Corel Video, Barista (a Java-based office suite), Corel Computer, and Corel Linux, fueled speculation that Corel was trying to reinvent itself but wasn't sure how, or that they were "throwing stuff at the walls and looking to see what would stick." Adobe Systems (NASDAQ: ADBE)is a computer software company headquartered in San Jose, California that was founded in December 1982 by John Warnock and Charles Geschke. ... Java is an object-oriented programming language developed initially by James Gosling and colleagues at Sun Microsystems. ... Corel Linux, also called Corel LinuxOS, was a Debian-based Linux distribution made by Corel that was released in late 1999. ...

Cowpland eventually left Corel in August 2000 and a new board of directors immediately sought to stabilize operations, promising a renewed focus on the firm's core competencies.

Unfortunately, an ambitious attempt to revitalize product branding under the new president Derek Burney (with the help of consultants from McKinsey & Company) turned into a series of missteps. With great fanfare, Burney announced that the product line would be split into five brands. A few months later, it was to be three brands (DeepWhite, Procreate and Corel). And finally, after much delay and expense, it was decided that the company would go back to using "Corel" as the company's only brand. Derek Burney is the former president of the Corel Corporation. ... McKinsey & Company is a privately owned management consulting firm that focuses on solving issues of concern to senior management in large corporations and organizations. ...

In October 2000, Corel announced that it was forming what it called "a strategic alliance" with Microsoft and that Microsoft would be investing $135 million in Corel.

In August 2003, Corel was wholly acquired by Vector Capital, a venture capital investor, for a surprisingly low price of $1 a share (about the same as the cash in the company). The company was voluntarily delisted from the NASDAQ and Toronto stock exchanges. Venture capital is a general term to describe financing for startup and early stage businesses as well as businesses in turn around situations. ... NASDAQ MarketSite (Times Square, New York City) at night NASDAQ (originally an acronym for National Association of Securities Dealers Automated Quotations) is a U.S. electronic stock market. ... Former logo of the Toronto Stock Exchange prior to the switch to TSX. The Toronto Stock Exchange (TSX) is Canadas largest stock exchange, and the division of the TSX Group that holds senior equities. ...

In March 2005 Corel announced that the US Justice Dept purchased 50,000 licences of WordPerfect (adding to the worldwide user base of 20 million) and that the WordPerfect was adding 4 million new users per year thanks to bundling deals with Dell Computer. Corel contends that WordPerfect is the only viable alternative to Microsoft Office with sales 70 times Lotus SmartSuite and 300 times Sun's Star Office.

Corel products - past and present

• CorelDraw - A vector graphics editor. Still the company's best-selling software, although it has been losing market share to Adobe Illustrator.
• Corel PhotoPaint - A bitmap graphics program comparable to Adobe PhotoShop. Bundled with the CorelDraw Graphics Suite.
• Corel R.A.V.E. - Acronym for Real Animated Vector Effects, this is a vector-based animation program comparable to Macromedia Flash.
• Corel Graphics Suite - Combination of CorelDraw, PhotoPaint, R.A.V.E., Trace and Capture.
• Corel Designer - Formerly Micrografx Designer, professional technical illustration software.
• Corel Ventura - Desktop publishing software that had a large and loyal following for its DOS version when Corel acquired it in the early 1990s. It was briefly revived in 2002.
• WordPerfect - A word processing program acquired from Novell, and originally produced by Satellite Software International.
• Corel KnockOut - Professional image masking plug-in.
• XMetaL - An XML editor acquired in the takeover of SoftQuad in 2001 and then sold to Blast Radius in 2004.
• Corel Linux - Debian-based Linux distribution. The source code was sold to Xandros in 2001.
• Corel Painter - Formerly Fractal Painter. A program that emulates natural media (paint, crayons, brushes etc.)
• Bryce - Software for creating 3d landscapes. Sold in 2004 to DAZ Productions.
• Paint Shop Pro - In October 2004, Corel purchased Jasc Software, developer of this budget-priced bitmap graphics editing program.
• Quattro Pro - A spreadsheet program acquired from Borland and bundled with WordPerfect Office.
• Paradox - A relational database acquired from Borland and bundled with WordPerfect Office Professional Edition.

Screenshot of CorelDRAW 11 CorelDRAW is a vector graphics editor developed and marketed by Corel Corporation of Ottawa, Canada. ... Steam Locomotive 7646 as a vector, originally Windows Metafile (converted to GIF for display here). ... Adobe Illustrator is a vector-based drawing program developed and marketed by Adobe Systems. ... Corel PhotoPaint is a bitmap graphics program sold by Corel, a software company with headquarters in Canada. ... Suppose the smiley face in the top left corner is an RGB bitmap image. ... Adobe Photoshop is a bitmap graphics editor (with some text and vector graphics capabilities) published by Adobe Systems. ... // Corel Graphics Suite The Corel Graphics Suite currently (2005) contains the following packages: Corel Capture Enables several methods of image-capture Corel PhotoPaint Raster image creation and editing software Corel R.A.V.E. Flash-animation creation software Corel Draw Vector graphics software Corel Trace Converts raster images to vector... Ventura Publisher was the first popular desktop publishing package for IBM PC compatible computers running DOS. The software was originally developed by Ventura Software, a small company founded by John Meyer, Don Heiskel and Lee Jay Lorenzen. ... The acronym DOS stands for disk operating system, an operating system component for computers that provides the abstraction of a file system resident on hard disk or floppy disk secondary storage. ... 2002 (MMII) is a common year starting on Tuesday of the Gregorian calendar. ... A screenshot of WordPerfect 12 running on Windows XP WordPerfect was also the name of a road bicycle racing team. ... The Extensible Markup Language (XML) is a W3C-recommended general-purpose markup language for creating special-purpose markup languages, capable of describing many different kinds of data. ... Corel Linux, also called Corel LinuxOS, was a Debian-based Linux distribution made by Corel that was released in late 1999. ... Debian, organized by the Debian Project, is a widely used distribution of free software developed through the collaboration of volunteers from around the world. ... The Xandros Desktop, using the Microsoft Windows theme Xandros is a company that produces linux distributions. ... Painter is the name of a software package used to create natural-looking artistic images using a computer. ... Bryce is a texture based rendering and ray tracing program ideal for creating 3D landscapes, space scenes, buildings and other objects. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Paint Shop Pro (PSP) is a bitmap graphics editor and vector graphics editor for computers running the Microsoft Windows operating system that was originally published by Minneapolis-based Jasc Software. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... For the use of the term raster in radio regulation, see frequency raster. ... Quattro Pro is a spreadsheet program, from Borland, currently sold by Corel, most often as part of WordPerfect Office. ... Paradox is a relational database management system currently published by Corel Corporation. ...

See also

• The court case Bridgeman Art Library Ltd. v. Corel Corporation established that exact photographic copies of public domain works of art are not copyrightable under United States law.

Presiding judge Categories: Law stubs | U.S. copyright case law ... The public domain comprises the body of all creative works and other knowledge—writing, artwork, music, science, inventions, and others—in which no person or organization has any proprietary interest. ... For copyright issues in relation to Wikipedia itself, see Wikipedia:Copyrights. ... The law of the United States is derived from the common law of England, which was in force at the time of the Revolutionary War. ...

External links

• http://www.corel.com
• http://www.borland.com