Feeds

Canadian regulator probes Corel-MS deal

Bit late for that, isn't it?

  • alert
  • submit to reddit

High performance access to file storage

The Ontario Securities Commission (OSC) has asked Corel to show a list of events that led up to Microsoft buying a stake in the company last year.

The request came to light in Corel's annual report filed with the Securities and Exchange Commission last Thursday, Canadian newswire Canoe reports.

It refers to Microsoft's $135 million investment in Corel in October 2000.

The US Justice Department has been sniffing around into the competitive effects of Microsoft taking a stake in Corel. It served a subpoena on Microsoft in January, to which Microsoft said it would comply. Then last month Microsoft gave itself the option of dumping the investment, by converting its entire 24 per cent stake in Corel. ®

Related Stories

Microsoft ducks DOJ by ditching Corel stake?
Corel Linux sale 'best thing' for OS, claims exec
Corel to spin off Linux desktop OS biz

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
Adrian Mole author Sue Townsend dies at 68
RIP Blighty's best-selling author of the 1980s
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Analysts: Bright future for smartphones, tablets, wearables
There's plenty of good money to be made if you stay out of the PC market
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.