Corel launches revamped version of the WordPerfect Office software package
Corel Corp. has released a new version of its budget WordPerfect Office software package on Tuesday, with the Canadian software claiming that it is a cheaper alternative to Microsoft Corp.’s Office software.
Privately held Corel’s WordPerfect is one of the few programs that contend against Microsoft in the Office application-suite market for PCs running the software giant’s Windows operating system. Sun Microsystems Inc offers a product called StarOffice.
Corel said its WordPerfect Office X3 costs anything between $79 and $399. On the other hand Microsoft, which is the world’s largest software maker, offers its Office programs from around $150 to more than $500.
Before the Canadian company was acquired by venture capital firm Vector Capital Corp, Microsoft held a $135 million investment in Corel, which it finally sold in 2003 at a huge loss.
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