With InterVideo, he predicted the company would enjoy the same popularity in video and HD space.Ĭorel’s current offerings include its illustration program, CorelDraw its office suite product, WordPerfect and its graphics and photo editor, Paint Shop Pro Photo.Īmong InterVideo’s popular digital multi-media authoring and editing products are: WinDVD, WinDVD Creator, Ulead VideoStudio and Ulead DVD MovieFactory. “Corel is strong in the photo and image editing market,” Cadeau noted. He said InterVideo products complement Corel’s, and would help the Canadian firm make inroads into the digital video space. It’s part of Corel’s drive to “return to profitability,” according to Shawn Cadeau, the company’s vice-president, worldwide marketing. “This is a new and a more mature approach.”Ĭorel too emphasizes the strategic aspect of the acquisition, and the expected impact on the company’s bottomline. The move, he added, heralds strategy shift which, if handled well, can only bode well for Corel. He said the acquisition of InterVideo Inc., based in Fremont, Calif., also opens doors for Corel within the hugely lucrative Asian market, where InterVideo products are popular. The buy positions Ottawa-based Corel to benefit from the growing popularity of high definition (HD) video, says Carmi Levy, senior analyst at Info-Tech Research Group Inc. For any further questions, please do not hesitate to contact us by sending an e-mail to xrel *at* xrel *dot* to.Artificial Intelligence (907) Auto Tech (46) Blockchain (173) CanadianCIO (96) Careers & Education (4431) Channel Strategy (35) Cloud (2080) Communications & Telecom (414) Companies (1033) Data & Analytics (1294) Development (731) Digital Transformation (1228) Distribution (126) Diversity & Inclusion (63) Ecommerce (91) Emerging Tech (24214) End User Hardware (50) Engineering (79) Financial (161) FinTech (86) Future of Work (346) Governance (106) Government & Public Sector (6071) Human Resources (858) Infrastructure (8522) IoT (6173) ITWC Morning Briefing (128) Leadership (4283) Legal (162) Legislation (165) Managed Services & Outsourcing (4311) Marketing (61) MarTech (3) Medical (31) Mobility (3429) Not For Profit (22) Open Source (29) Operations (85) People (149) Podcasts (2105) Privacy (641) Project Management (1099) Security (7983) Service (44) Smart Home (18) SMB (59) Social Networks (201) Software (4165) Supply Chain (122) Sustainability (104) Tech in Sports (5) Women in Tech (186)Ĭorel Corp.’s purchase of a high-profile U.S.-based video editing software firm may pay off in spades for the Canadian graphics software vendor, an analyst says.This is constantly being monitored and enforced by our committed team of moderators. Links to pages containing illicit copies of copyrighted works are strictly prohibited in user-generated content as well. We do NOT help or encourage users to download or otherwise obtain any of the listed releases.
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