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Corel WordPerfect

Day in Tech History/ Software

January 31, 1996: Corel Acquired WordPerfect

Jeffrey Powers @geekazine Android, antitrust case, Bill Gates, blackberry, coke, corel, ford motor company, historical events, iPhone, michael cowpland, Microsoft, mistrial, novell, nwsource, palm, patents, pepsi, Podcast, Quattro Pro, radio, ralph baer, related articles, seattletimes, stock, sync, technology day, vector, video game, WordPerfect 0 Comments January 31, 2014

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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.

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