TechWatch

Corel charts a new path to yet another rebirth

In 2019, the venture firm KKR acquired Corel Corporation. According to a story by Ingrid Lunden in TechCrunch, KKR could have paid billion dollars or so to Corel’s previous owner, Vector Capital, also a venture capital company. Vector Capital had an interest in Corel since 2003. The price tag is a bit surprising, but not totally. Corel has been a ...

Ruchika Saini

In 2019, the venture firm KKR acquired Corel Corporation. According to a story by Ingrid Lunden in TechCrunch, KKR could have paid billion dollars or so to Corel’s previous owner, Vector Capital, also a venture capital company. Vector Capital had an interest in Corel since 2003. The price tag is a bit surprising, but not totally. Corel has been a seemingly pathological acquisitor all through its existence. It has gone public, and it has gone back to being a privately held company (somewhat similar to Dell). When Corel was last private, it reported perfectly respectable annual revenues of $298 million
...

Enjoy full access with a TechWatch subscription!

TechWatch is the front line of JPR information gathering service, comprising current stories of interest to the graphics industry spanning the core areas of graphics hardware and software, workstations, gaming, and design.

A subscription to TechWatch includes 4 hours of consulting time to be used over the course of the subscription.

Already a subscriber? Login below

This content is restricted

Subscribe to TechWatch