Corel plans IPO of 8 million shares CNET News.com: "Canadian software maker Corel filed with U.S. regulators on Tuesday for an initial public offering of up to 8 million shares at $18 to $20 a share.
The company plans to sell 5 million shares, and Vector Capital, the private equity company that took Corel private in 2003, plans to sell 2.95 million shares. "
I don't get it -- Corel has been vanquished by Microsoft in productivity suites, Adobe in creative tools, and now faces serious challenges from open source initiatives such as OpenOffice.org as well...
Wednesday, April 05, 2006
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