Parallels become part of Corel?

Parallels become part of Corel?

Recently appeared in the media news that the Canadian corporation Corel is acquiring a "developer with Russian roots" Parallels. The announcement of the deal caused a stir in the foreign and domestic press. Against this background, it is always better to draw facts from the source. Under the cut is a short interview with Yakov Zubarev, CEO of Parallels.

Parallels become part of Corel?

Why is Parallels interested in this deal, what positive aspects does the company see in it?

“Parallels and Corel are great for each other. We are united by a leading position in the market, a common vision for future activities and a love of innovation. Given Corel's size and the company's plans to further invest in Parallels' people and products, we believe it was a great choice for Parallels customers, employees, partners and shareholders.

Does Corel have plans to expand its VDI products and solutions business or is it just a financial acquisition?

— Acquisition of Parallels was both strategically and financially beneficial for Corel. With software innovation, continuous customer and subscriber growth, and consistently high profitability, Parallels is a strategically attractive company. Corel has been following Parallels products and innovations with interest for many years. Parallels was the first company to let you run Windows on a Mac without rebooting; the first to provide a great user experience on mobile devices for remote desktop application access in Parallels Access, the first to bring the same experience to business users in the Remote Application Server product.

“Parallels is a globally recognized brand and a leader in its market segment. The Parallels brand is known to tens of millions of Mac users as well as PC users with solutions such as Parallels Toolbox for Windows and Parallels Access.

For years, we have recommended that users who want to run CorelDRAW for Windows use Parallels Desktop for Mac.

In our interactions with the Parallels team, we were impressed by the talented group of people who create, market and support its exceptional quality products for businesses and end users. Corel and Parallels develop and market some of the most dynamic, trusted, and beloved software brands for Windows and Mac. We share not only market leadership and commitment to innovation, but much more. Corel and Parallels operate in the same markets, use similar strategies, and speak the same language. Our business models will blend well. It's too early to say what this means for our future products, but we expect Parallels' leadership and in-depth knowledge of this market to open up new opportunities for our product lines!” Patrick Nichols, Chief Executive Officer of Corel.

Will anything change in Parallels business and products in 2019?

“Parallels is now part of the Corel Corporation, and that brings exciting new opportunities. Parallels will continue to operate as part of the holding as an independent division, so nothing fundamentally changes for its team, partners and customers. Corel's plans for a significant investment in Parallels will enable us to accelerate our innovative software solutions that will benefit businesses and end consumers around the world. While I can't share the details just yet, I can tell you that we look forward to the release of the new Parallels software solution in 2019, as well as further enhancements to the features and performance of our already established products.

What will happen to the Parallels brand?

“The Parallels brand and key software products such as Parallels Desktop and Parallels RAS will remain unchanged.

What are Corel & Parallels' plans for the near future? What's on the agenda for 2019?

“Our number one priority is to continue to provide the highest quality products and services to our customers as we integrate our business. As an independent business unit of Corel, Parallels makes this process easy as we learn from each other's best practices, share technology, and leverage our strengths to further develop for the benefit of our customers. For my part, I want to once again thank all our users for the trust and choice of our products.

I take this opportunity to wish all of us success and prosperity in the coming New Year! May wishes come true and dreams come true!

Parallels become part of Corel?

Source: habr.com

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