January 31, 1996: Corel Acquired WordPerfect

Corel WordPerfect

January 31, 1996: Corel buys WordPerfect

1996 – Corel not only gets WordPerfect form Novell, but also Quattro Pro for $180 million in stock and cash. Michael Cowpland (Founder of Corel) called WordPerfect the “Pepsi to Microsoft’s Coke”. I guess that was not the case as OpenOffice (RC maybe?) surpassed WordPerfect users.WordPerfect and Corel have been in flux since 2006, when Vector Capital purchased 72% of the company. Just this last year, they bought up the remaining stock and became privately held once again.

Wikazine – Full show notes for January 31

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Jeffrey Powers @geekazine

I love tech history. I enjoy how we evolved from computers that fill a room to computers we wear on our bodies. I have put a full archive of tech history together at Wikazine. You can also talk history at Google +. I am also a podcaster and V-caster at Geekazine and a Podcast Coach at How to Record Podcasts. You can also sign up for a Helpout

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