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
Both women and men have been hit by job losses in the downturn, says a new report adopted by the European Commission today.
more »
Unemployed car and construction workers in Sweden, Austria, and the Netherlands will get €15.9 million in EU Globalisation Adjustment Fund aid for training, self-employment and professional orientation services under a plan endorsed by Parliament in plenary on Wednesday.
more »
As the economy recovers, EU countries will need to phase out crisis measures. The question is when?
more »
The European Commission has endorsed, under EU state aid rules, a Polish scheme intended to compensate the Polish Post for net losses incurred in discharging its public service obligations between 2006 and 2011.
more »
The European Commission reports good progress in the implementation of the Small Business Act (SBA) in 2009.
more »
The European Commission approved the first financing decisions in favour of eleven African and two Caribbean countries for a total of € 230 million, including € 215 million under the so-called Vulnerability FLEX mechanism (V-FLEX).
more »
Legal measures to make it easier for people who have lost or risk losing their jobs to get credit to start up their own businesses were backed by the European Parliament on Tuesday.
more »
How can companies and industry help to stop climate change? This is one of the questions on the table when Sweden’s Minister for Enterprise and Energy Maud Olofsson attends the climate change conference in Copenhagen on Monday and participates in a panel discussion organised by Businesseurope.
more »
In a meeting held today in Brussels, the Gas Coordination Group, under the chairmanship of the Commission, has discussed with Russian Gas Company Gazprom the gas supply and demand outlook and investment strategy of the company in both Russia and the EU.
more »
The European Commission has approved under EU state aid rules the impaired asset relief measure and the restructuring plan of Royal Bank of Scotland (RBS).
more »