Microsoft says it gets a great new .Net partner.
Published:
3 October 2000 y., Tuesday
Corel says it gets badly needed financial backing. No one utters the word "Linux."
Microsoft Corp. has purchased $135 million worth of stock in struggling Canadian software maker Corel Corp., in a move characterized as a strategic alliance targeting Microsoft's .Net software development platform.
The announcement after the market closed Monday sent ripples through the open-source community, but neither company was talking about what the deal could mean in terms of Linux.
Corel has a version of Linux optimized for the desktop. Corel's WordPerfect desktop suite runs on a variety of operating systems, including Linux. A number of industry watchers have been speculating for more than a year that Microsoft was interested in porting its own Office desktop suite, although Microsoft has said it currently has no such plans.
Corel, which was best known for its WordPerfect and CorelDraw graphics software until last year's leap into the Linux market, has been grappling with a cash crunch and stalled sales for its older product lines.
In a joint conference call, executives from the two companies did not once mention the word "Linux." In response to a reporter's question about whether the deal meant that, at some point, there could be "Linux on .Net," interim Corel (Nasdaq: CORL) CEO Derek Burney said it "just might."
Šaltinis:
ZDNet News
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
An International Monetary Fund mission led by Mr. Paulo Drummond visited Bissau during January 12-27, 2010, to discuss the government’s medium-term economic program that could be supported by the IMF under the Extended Credit Facility.
more »
The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have agreed to support US$1.9 billion in debt relief for the Republic of Congo, which includes US$255.2 million of debt relief from the two institutions.
more »
In 2009, net external assets of Monetary Financial Institutions remained negative but increased by LTL 9.3 billion.
more »
Spain's Minister for Science and Innovation, Cristina Garmendia, supports making R&D+i at the heart of Europe as a key to economic recovery.
more »
Lithuania and Malta granted reprieve on budget deficits; Hungary and Latvia on track to meet deadlines.
more »
More responsibility for fishermen, rules favouring good fishing practice and adjusting fisheries management models to complement and improve the traditional quota system should be among the key aims of common fisheries policy reform, say MEPs in an own-initiative report approved by the Fisheries Committee on Wednesday.
more »
On January 8, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Yemen.
more »
On January 22, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Norway.
more »
Agriculture can help to slow climate change, but should be ready to adapt to the impact of global warming, said Agriculture Committee MEPs and scientists at a public hearing on Wednesday.
more »
The Ministers for Employment of the European Union are holding an informal council on Thursday 28 and Friday 29 January which will lay the foundations for drawing up the common policies in the area of employment which the European Union will adopt over the next ten years as part of the “2020 Strategy”.
more »