Corel acquires Parallels

Corel Corporation recently announced that it has acquired the leading cross-platform solution provider, Parallels that is best known for its #1-selling software for running Windows on Mac. Now Corel will be able to offer the complete Parallels product line, including Parallels Desktop for Mac, Parallels Toolbox for Windows and Mac, Parallels Access, Parallels Mac Management for Microsoft SCCM, and Parallels Remote Application Server (RAS) as part of its industry-leading software portfolio.

Corel plans significant investment into the Parallels business and sees exceptional opportunities for growth by leveraging the strengths of both companies’ extensive customer bases, robust partner networks, and globally known brands. Together, Corel and Parallels deliver applications and services that empower users across their favourite platforms, including Windows, macOS, iOS, Android, Chromebooks, Linux, Raspberry Pi, and the cloud.

“We’re excited to welcome our new Parallels employees to Corel’s global organization. From our highly complementary product portfolios to our shared business models and strategies, Corel and Parallels are a great fit. Thanks to the combined power of our technologies and teams, we see tremendous opportunities to drive continued growth and success for our businesses and most importantly, our customers,” said Patrick Nichols, CEO of Corel.

“Parallels and Corel share a common vision, market leadership, and passion for innovation. We look to forward to continuing to serve our customers and partners with best-in-class software as part of Corel,” said Jack Zubarev, CEO of Parallels.

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