Corel launches NC spin-off

By Ben Heskett
Staff Writer, CNET News

Post a comment

Related Stories: One-time charge puts Corel in red
June 23, 1997; Polished WordPerfect released
June 17, 1997; Corel warns of poor earnings
June 11, 1997; Corel postpones Office for Java
June 9, 1997; Short Take: Eiger ships 56-kbps PC card
June 9, 1997; Corel draws increased profits
March 26, 1997; Corel spins off hard stuff
March 18, 1997

Corel (COSFF) has officially spun off a company that will focus on network computer hardware and videoconferencing software.

The desktop applications maker originally announced the spin-off of the wholly owned subsidiary, the Corel Computer Corporation, in March. The first product offering from the new company will consist of the CorelVideo digital-compressing camera and the Corel Video Network Computer.

About 80 employees from the parent firm will move over to Corel Computer Corporation, including some members of the current management team.

"The focus will be on providing a complete computing and communications solution to clients," said Michael Cowpland, president and CEO of Corel, in a prepared statement. "New enterprises will now be able to use one company to install an entire corporate computing and communications infrastructure."

Cowpland will serve as chairman of the board for the new venture.

Latest tech news headlines

Nintendo primed for holiday console dominance
Posted in Geek Gestalt by Daniel Terdiman

November 30, 2009 5:00 PM PST
Eclipse tells ex-community director to 'go away'
Posted in The Open Road by Matt Asay

November 30, 2009 4:48 PM PST
Practice overtaking theory in cloud computing
Posted in The Wisdom of Clouds by James Urquhart

November 30, 2009 4:39 PM PST
See all headlines

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

More feeds available in our RSS feed index.

Markets: Market news, charts, SEC filings, and more; Related quotes; Dow Jones Industrials (0.34%) 34.92 10,344.84; S&P 500 (0.38%) 4.14 1,095.63; NASDAQ (0.29%) 6.16 2,144.60; CNET TECH (0.29%) 4.55 1,574.88

Inside CNET News

Scroll Left Scroll Right

The Open Road
Eclipse tells ex-community director to 'go away'
Bjorn Freeman-Mason had become a thorn in the Eclipse Foundation's side, so Eclipse executive Mike Milinkovich very directly said, "You're a jerk. Go away."
Gallery
App Store collector's items: 10 rarities (images)
The Open Road
Open source: No vow of poverty (or get-rich-quick scheme)
Open source is not a sure-fire way to get developers, income, or much of anything, but used right it can help to grow a proprietary software business. Go figure.
Beyond Binary
Microsoft investigating 'black screen of death'
The software maker is looking into reports that some users' systems aren't working right after installing the latest Windows security updates.
Video
Google Chrome OS demonstration
Digital Media
The browser battles go on and on
roundup From Firefox to IE and from Chrome to Opera and Safari, there's no sitting still for browser makers looking to keep their products fresh and competitive.
Video
Google Chrome OS unveiling
Geek Gestalt
Nintendo primed for holiday console dominance
Based on Thanksgiving week numbers provided by Nintendo, an analyst has concludes that the Wii appears likely to have far outsold the Xbox and PS3 in November.
Cutting Edge
Inside CERN with a collider scientist
Crave UK chats with a particle physicist directly involved in the Large Hadron Collider experiments to get a sense of what it's like to work in a geek heaven.
Gallery
Noisebridge hacker collective (photos)
Crave
Hands-on with Ilford's Gold Silk inkjet paper
A hand-on review of Ilford's Gold Fiber Silk inkjet photo paper.
Los Angeles Auto Show
Microturbine-powered hybrid supercar to debut in Los Angeles
Microturbine maker Capstone launches a hybrid sports car at the Los Angeles Auto Show to demonstrate its technology.