January 31, 1996: Corel Acquired 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
- Mistrial in WordPerfect antitrust case against Microsoft (seattletimes.nwsource.com)
- January 15: Ralph Baer Patents First Video Game (dayintechhistory.com)