Strategic Agreement with Corel

In a move reminiscent of previous investments in struggling competitors, Microsoft and Corel announced that in return for an investment by Microsoft of US$135 million, Corel would utilize and support technology from Microsoft. The quid pro quo calls for Corel to support the Microsoft .NET platform.

The agreement provides for support of key parts of that platform—the .NET framework and services—outside of Microsoft’s product line, and could lead to support for the .NET platform on the Linux operating system.

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