COREL ACQUIRED BY VECTOR CAPITAL

Corel announced today that it has agreed to a takeover bid by Vector Capital, a San Francisco-based company that already owns a substantial stake in the company. At $1.06 per share, the purchase price almost exactly equals the amount of cash that Corel has on hand....

MEDIA MONOPOLIES

I was looking for this the other day – here’s a list of the companies owned by AOL Time Warner. It’s extraordinary. You can get similarly chilling information about other media conglomerates, like Clear Channel Communications and Disney. Look at those charts and...

MICROSOFT TO PAY AOL $750 MILLION

You might have seen the news that Microsoft will pay AOL $750 million to settle AOL’s antitrust lawsuit. AOL acquired Netscape in 1998 and sued Microsoft in early 2002 for playing dirty to obtain market dominance. The deal makes sense from an economic perspective for...

ROB BLACK BACK ON THE AIR

The world became dreary and pointless when CNET Radio went off the air a few months ago. True geeks can get a fix by signing up to receive daily downloads of 25 minute newscasts, served up in mp3 format for listening on the computer, portable devices, or anything else...

COREL DEATH WATCH

Microsoft bailed out of its investment in Corel a few days ago. Now Corel has announced that it is soliciting takeover bids. Its stock price has been trading at the cash value of the company for much of the past year – last week, the stock market valued the company at...

CISCO BUYING LINKSYS

Linksys equipment has become ubiquitous in homes and small businesses. Its inexpensive routers and wireless equipment are stacked to the ceiling in any store that sells computer peripherals. Cisco Systems has been looking for a way to break into the consumer...