Feeds

Corel responds to Linux sale speculation

The official line is there is no official line. Or something like that

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Corel issued a major press announcement this afternoon to announce there's... er... nothing to announce. Yet. Maybe.

The troubled software company's statement followed reports from industry sources that it's selling its Linux division to Linux Global Partners for $5 million in cash and a 20 per cent stake in a new company to be formed out of the spun-off operation.

The statement admits that such a move is being considered the review of Corel's corporate strategy initiated by new CEO Derek Burney. It also admits that the company has been talking to other firms about a "variety of issues". But since it's policy not to comment on such discussions, it's not going to say anything - so you'll just have to wait until it has something to say.

In other words, Corel is commenting about not commenting on something it has no intention of commenting upon - at least, that is, it has something to comment on.

Er... thanks, folks - that's really cleared it up.

However, we do now know that Burney's State of the Nation speech will take place early next year and not any day now as originally planned. ®

Related Stories

Corel Linux sell-off nearly a done deal
Corel moots Linux sell-off

Providing a secure and efficient Helpdesk

More from The Register

next story
Microsoft on the Threshold of a new name for Windows next week
Rebranded OS reportedly set to be flung open by Redmond
Business is back, baby! Hasta la VISTA, Win 8... Oh, yeah, Windows 9
Forget touchscreen millennials, Microsoft goes for mouse crowd
SMASH the Bash bug! Apple and Red Hat scramble for patch batches
'Applying multiple security updates is extremely difficult'
Apple: SO sorry for the iOS 8.0.1 UPDATE BUNGLE HORROR
Apple kills 'upgrade'. Hey, Microsoft. You sure you want to be like these guys?
ARM gives Internet of Things a piece of its mind – the Cortex-M7
32-bit core packs some DSP for VIP IoT CPU LOL
Lotus Notes inventor Ozzie invents app to talk to people on your phone
Imagine that. Startup floats with voice collab app for Win iPhone
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.