Corel Corporation Announces Strategic Transaction to Create Two Independent Companies

Vector Capital to Acquire Corel’s Suite of Trusted Software Brands for Creativity and Productivity KKR to Retain Ownership of Parallels Business OTTAWA, Ontario, Feb. 26, 2026 (GLOBE NEWSWIRE) -- ...
PE Hub

Vector Capital’s Corel confirms acquisition of Parallels

Corel Corp has acquired Parallels, a Bellevue, Washington-based provider of cross-platform virtualization and automation solutions. No financial terms were disclosed for the deal, which confirms a ...

KKR's Corel to Separate Into Two Companies

Corel, which is owned by KKR, said it plans to separate its business into two independent companies.
Network World

Corel agrees to acquisition by Vector

Canadian software firm Corel on Friday announced it has agreed to be acquired by U.S. investment company Vector Capital for $1.05 a share, a total of $97.5 million. Canadian software firm Corel on ...