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Corel Corporation acquires Parallels

Parallels’ best-known product Parallels Desktop, which enables Windows products to run on the Mac. (Source: Parallels)   Just before Christmas 2018, Corel Corporation had announced plans to acquire Parallels, creating a surprise package for many industry observers. The tech commenting community seems to fall into two categories: those people familiar with Coreland those familiar with Parallel because many of the comments were ...

Kathleen Maher

Parallels’ best-known product Parallels Desktop, which enables Windows products to run on the Mac. (Source: Parallels)   Just before Christmas 2018, Corel Corporation had announced plans to acquire Parallels, creating a surprise package for many industry observers. The tech commenting community seems to fall into two categories: those people familiar with Coreland those familiar with Parallel because many of the comments were along the lines of who? Did what?  Corel Corporation has several major business lines that fall into two distinct categories: creative software tools and legacy software. Tools such as CorelDraw, CorelCAD, VideoStudio, Pinnacle Studio, and PaintShop Pro have regularly updated
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