Corel has acquired Parallels according to an announcement by Corel in a press release today. While we use Vmware mostly for running windows on our MACs, Parallels has been in and out of our computers. With Parallels acquisition, Corel enter the virtualization market, which is much more than just running windows on macs.
Corel Corporation today announced that it has acquired the Parallels business, a global leader in cross-platform solutions best known for its #1-selling software for running Windows on Mac. Corel now offers the complete Parallels product line, including Parallels Desktop for Mac, Parallels Toolbox for Windows and Mac, Parallels Access, Parallels Mac Management for Microsoft SCCM, and Parallels Remote Application Server (RAS) as part of its industry-leading software portfolio. Financial details were not disclosed.
Corel’s CEO, Patrick Nichols, sees two companies are “highly complementary.”
“We’re excited to welcome our new Parallels employees to Corel’s global organization. From our highly complementary product portfolios to our shared business models and strategies, Corel and Parallels are a great fit. Thanks to the combined power of our technologies and teams, we see tremendous opportunities to drive continued growth and success for our businesses and, most importantly, our customers,” said Patrick Nichols, CEO of Corel.
Corel plans to make Parallels world strong and is putting a lot of resources behind Parallels and grow its entire portfolio of software for all operating systems.
Corel plans significant investment into the Parallels business and sees exceptional opportunities for growth by leveraging the strengths of both companies’ extensive customer bases, robust partner networks, and globally known brands. Together, Corel® and Parallels® deliver applications and services that empower users across their favorite platforms, including Windows, macOS, iOS, Android, Chromebooks, Linux, Raspberry Pi, and the cloud.The Press release.
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