Parallels

Parallels, Inc. is a company specializing in virtualization technology and Mac management solutions for consumers, businesses, and service providers. Founded in 1999 and headquartered in Bellevue, Washington, Parallels offers a range of products, including Parallels Desktop for Mac, which enables users to run Windows applications, and Parallels Access, allowing remote access to computers. The company's offerings also include Parallels Mac Management for Microsoft SCCM, which assists IT departments in managing Mac devices, and Parallels Remote Application Server for secure access to desktops and applications. Additionally, Parallels provides tools like Parallels Toolbox to streamline computing tasks and Parallels Mobile Device Management for controlling mobile data. With a global reach across North America, Europe, Asia, and beyond, Parallels serves a diverse clientele. The company, originally known as SWsoft, Inc., rebranded in 2008 and is now a subsidiary of Corel Corporation.

Peter Bauert

CFO and COO

3 past transactions

2X Software

Acquisition in 2015
2X Software is a company that offers virtualization solutions to enterprises all across the globe. They have a range of services to offer including desktop & application deliver

Sphera

Acquisition in 2007
Sphera offers integrated risk management, environment, health, safety and sustainability, operational risk management, product stewardship, sustainability consulting, risk management, EHS software, risk management software, corporate sustainability, risk assessment, chemical management, product compliance, product sustainability, health and safety management, control of work, master data management, regulatory compliance, oil and gas, manufacturing, metals and mining, environmental accounting, ESG, and environmental, social, governance.

NIOVO

Acquisition in 2005
Managed Hosting Company
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