Corel Corp. relaunches as independent company backed by Vector Capital
Corel Corp. announced it has relaunched as an independent company following the completion of Vector Capital Management, L.P.’s acquisition of Corel’s portfolio of creativity and productivity software and related brands from KKR. Funds managed by KKR will continue to own Corel’s Parallels cross-platform and virtualization software softare business. After the deal is completed, expected in May, Corel CEO Christa Quarles...
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