Feeds

WinZip bought by VC

Compression company feeling the squeeze

  • alert
  • submit to reddit

Eight steps to building an HP BladeSystem

One of the web's most popular shareware utilities WinZip has been bought by Vector Capital.

WinZip makes one of the most popular compression utilities - it has been downloaded more than 140m times.

Vector has bought the firm for an undisclosed amount.

But few people bother to pay for the software once the free evaluation period is over. Users should pay $29 for a single user license. WinZip's new owners are likely to improve the firm's ability to make money out of its software.

Chris Nicholson, a partner at Vector, told CNet the company was likely to remind people more strongly to pay but said: "We don't want to be heavy-handed about it." He said the firm may also add exclusive features for subscribing customers.

Vector Capital specialises in troubled technology companies - it bought Corel in 2003. It has previously invested in Flextronics, LANDesk, NetGravity, RealNetworks and UUNet.®

Related stories

Corel snaps up Jasc
Corel founder slams pathetic bid
Intel spins out LANDesk

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
Bose says today IS F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.