Indeed, it's likely both these firms will wind up hiring a good chunk of the laid-off Corel workers. Although Cognos and Entrust are in different businesses, the basic software engineering skills demanded by Corel of its employees can be applied just about anywhere. For Mr. Cowpland the future does not look so rosy. Even if his gamble on Linux technology eventually pays off, he may find it difficult to win back the workers laid off yesterday. Coral launcehs CorelDraw, the product that will sustain the company for years to come.
Company establishes overseas plant in Ireland.
Announces purchse of Word Perfect. Starts to explore Java market. First of seven straight quarterly loses. Crops development of Java Version of WordPerfect. Corel suppresses lower than expected sales figures, say the Ontario Securities Commission.