Corel Corporation

Corel Corporation Overview

Company Headquarters: Canada

Founded: 1989

Workforce: ~600

Company Working: Corel Corporation (Corel) is a software company which develops and offers graphics, productivity software, and digital media products. The company’s products include photo, video, graphics, painting, and office software. The company operates globally, including regions such as North America, Europe, and Asia-Pacific. Corel provides products under five categories—digital painting, photo editing and digital imaging, video editing and digital versatile disc (DVD) playback; illustration and design; and Office Suite and utilities. Moreover, the company develops products that are compatible with Apple and Microsoft devices. The company offers software such as PaintShop Pro 2019, PaintShop Pro 2019 Ultimate, AfterShot Pro 3 and Photo Impact X3; VideoStudio Pro X9, VideoStudio Ultimate X9, and MotionStudio 3D. In July 2019, the Corel Corporation was acquired by Kohlberg Kravis Roberts & Co. LP.

Strategy

Corel Corporation follows both organic and inorganic strategies to establish its presence in the market. The company primarily focuses on innovations to strengthen its product portfolio, for which it invests significantly in research and development. This helps the company meet the demands of the current market and expand its presence into the untapped markets. The company has strong partnership base which includes different players of different industries enabling it to increase the customer base.

Company Snapshot

$1.04M

Revenue

600

Employees

1989

Founded

Canada

Headquarters

SWOT Analysis

Strengths

Strong R&D
Wide product portfolio
High investment in R&D

Opportunities

Strategic alliances
Expansion to untapped markets

Threats

Intense competition
Fluctuating foreign currency exchange rates

Product Offering

Corel Corporation
- Software

Financial Performance

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.