Corel woes prompted Inprise to review deal
Article Abstract:
Scotts Valley, Calif.-based INPRISE Corp. is reexamining its acquisition by Ottawa, Ont.-based Corel Corp. after the Canadian software maker reported poor first-quarter results. Corel, which reported an operating loss of $18.8 million for the first quarter, expects continuing losses.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Corel warns of deep losses as revenue plunges
Article Abstract:
Ottawa, Ont.-based Corel Corp., which is a leading Canadian software maker, has issued a profits warning for the second quarter. Corel, which already has made extensive job cuts, anticipates revenues of between $37 million to $38 million in the second quarter ended May 31, 2000.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Nortel driven to five-year low. Nortel ripped over disclosure. Matthews reclaims part of Mitel
- Abstracts: Nortel's complicated spinoff set to go. EuroZinc in talks to finance mines. Boliden unit files for bankruptcy protection
- Abstracts: CanWest scales back media deal. CanWest axes key bond plans. Cam West vows emphasis on West
- Abstracts: CanWest urges changes in media rules. CanWest revenue climbs
- Abstracts: Nortel's complicated spinoff set to go. Ottawa to defer tax gains for Nortel spinoff