Surely CPQ would not forsake what the entire world uses for excluse Corel???
Corel to unveil "major" WordPerfect
deal Tuesday
NEW YORK, March 29 (Reuters) - Canada's Corel Corp.
(Toronto:COS.TO - news) Corp., maker of the WordPerfect
suite of software, said late Monday it planned to unveil Tuesday
what it described as a major strategic alliance with an unnamed
computer maker.
In a press advisory, Corel said it will hold a press conference Tuesday at 2 p.m. EST/1700 GMT to
detail a bundling deal in which Corel's WordPerfect suite of consumer software programs will sold
with PCs from a major manufacturer.
The statement said the alliance would mean WordPerfect software will be packaged with ''almost
one-fifth of all computers shipped annually.''
The description only comes close to fitting Compaq Computer Corp. (NYSE:CPQ - news), the
world's No. 1 personal computer maker, which shipped 15 percent of the world's PCs last year,
according to 1998 data from market researcher International Data Corp.
Corel spokeswoman Catherine Hughes declined to identify the partner or provide other details
ahead of the announcement Tuesday.
A Compaq spokesman was not immediately available to comment.
Ottawa-based Corel has struggled for several years to make its WordPerfect suite of word
processing, database and spreadsheet programs more competitive with Microsoft Corp.'s Office, far
and away the industry's dominant software suite.
Two weeks ago, Corel announced that it expected losses to deeper for its first quarter ending in
March.
Separately, Microsoft (Nasdaq:MSFT - news) on Monday said it had finalized the newest
generation of its business software suite, known as Office 2000, and that it would ship to large
corporate customers in April and appear in retail stores by June.
No--- not even they want to see the price in the teens... going after sm/med bus-- this surely would not be they way except in very low priced versions and available to those that are comfy with it.... |
