Feeds

Corel finds buyer for Linux distro?

Sale to be announced later today, apparently

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

Corel appears to have finally rid itself of its Linux business, which it pledged to sell off back at the start of the year.

The deal is expected to be announced today, but moles have leaked details to Reuters already. The newswire claims the buyer is a start-up called Xandros and has signed a $2 million cheque for Corel's Linux division.

Said operation was formed out of the Canadian company's most recent restructure, initiated this year after incoming CEO Derek Burney's review of the company's business. Burney first hinted he was considering selling off the distro last November, but formally put up the For Sale sign in January this year.

Corel's Linux distro was separated from the Linux versions of Corel's application software in order to make it easier to sell the thing off. The distro was launched in 1999, part of Corel's plan to find commercial success on the back of the open source operating system. The plan largely failed, just as the company's attempt to find commercial success on the back of Java had done the previous year.

Burney's sensible approach has been to refocus the company on what it's good at and best known for - ie. graphics apps and the like - and steer clear of hare-brained schemes driven by whatever's flavour of the month in the world of hi-tech. ®

Related Stories

Corel Linux sale 'best thing' for OS, claims exec
Corel to spin off Linux desktop OS biz
Corel moots Linux sell-off
Corel buys SoftQuad, acquires XML brains trust
Corel buys Micrografx
Corel income increases

Secure remote control for conventional and virtual desktops

More from The Register

next story
UNIX greybeards threaten Debian fork over systemd plan
'Veteran Unix Admins' fear desktop emphasis is betraying open source
Netscape Navigator - the browser that started it all - turns 20
It was 20 years ago today, Marc Andreeesen taught the band to play
Redmond top man Satya Nadella: 'Microsoft LOVES Linux'
Open-source 'love' fairly runneth over at cloud event
Chrome 38's new HTML tag support makes fatties FIT and SKINNIER
First browser to protect networks' bandwith using official spec
Admins! Never mind POODLE, there're NEW OpenSSL bugs to splat
Four new patches for open-source crypto libraries
Torvalds CONFESSES: 'I'm pretty good at alienating devs'
Admits to 'a metric ****load' of mistakes during work with Linux collaborators
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.