Corel

Corel is a software development company that specializes in graphics, productivity, and digital media solutions. Founded in 1985 by Michael Cowpland, Corel gained early recognition with its flagship product, CorelDRAW, during the tech boom of the 1990s and became a significant player in the Canadian software industry. The company has expanded its portfolio through strategic acquisitions, including Jasc Software, Ulead Systems, and WordPerfect. Corel’s diverse range of products includes popular titles such as CorelDRAW Graphics Suite, Painter, Corel DESIGNER Technical Suite, PaintShop Pro, VideoStudio, WinDVD, WordPerfect Office, and WinZip. Headquartered in Ottawa, Canada, Corel operates major offices in multiple countries, including the United States, the United Kingdom, Germany, Taiwan, China, and Japan. Its products are distributed globally through a wide network of resellers, retailers, and online platforms.

Past deals in Ottawa

Gravit Designer

Acquisition in 2018
Gravit Designer is a cross-platform, web-based vector graphic design application. Gravit Designer is an HTML5-based, cross-platform design tool for the 21st century that offers vector design right at your fingertips. Powering graphics creation in modern web browsers on every platform, from Windows and macOS to Chromebook and iPad, Gravit Designer can be used for free.

WordPerfect

Acquisition in 1996
WordPerfect Corporation, based in Orem, Utah, is a prominent developer of word processing software, recognized as the manufacturer of one of the best-selling prepackaged word processing applications in history. The company specializes in creating software that is compatible with various computer operating systems and is available in 28 languages, allowing it to reach a global market. WordPerfect's commitment to innovation and quality has established it as a significant player in the software industry, catering to diverse user needs around the world.
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