Corel Corp has acquired Parallels, a Bellevue, Washington-based provider of cross-platform virtualization and automation solutions. No financial terms were disclosed for the deal, which confirms a ...

The CEO of Corel Corp. plans to resign, two weeks after an investment firm that owns a majority stake in the Ottawa-based graphics and desktop applications software vendor offered to acquire all of ...

Microsoft's antitrust battle in Europe intensifies when some of its biggest rivals file new complaint against it, accusing company of wide range of antitrust abuses; IBM, Oracle, Sun Microsystems and ...

Ottawa-based software company Corel Corp.’s decision to cut 20 per cent of its global workforce is the first restructuring move since going private last November, but one analyst said it won’t be the ...

OTTAWA – Moody’s Investors Service, Inc. has downgraded its rating for Corel Corp., saying there’s an increased probability of default by the Ottawa-based software company. The New York-based ...