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Corel was founded by Michael Cowpland in as a research laboratory. Mitel needed writing and creative design programs to enhance the company product line. Corel products were born. Additional products were added. The company had great success early in the high-tech boom of the s and early s with the product CorelDRAW , and became, for a time, the biggest software company in Canada.

In , it acquired Novell WordPerfect and started competing with the thought of being " Pepsi to Microsoft's Coke " [3] as Microsoft Word was the top-used word processing software at the time. Corel was in a difficult position as Microsoft pushed pre-loaded copies of its software onto new computers.

This mainly consisted of Microsoft Works office applications, but a variant called Works Suite also bundled the Microsoft Word software. In , Corel created a Full motion video game called Mode. In August , Cowpland was accused of insider trading and left. A new board of directors was then appointed and Derek Burney Jr. However, these plans were scrapped, and only the Corel brand remained. Corel acquired the graphics software company Micrografx in late Some U.

A lawsuit was filed in the U. In March , Corel announced that the United States Justice Department purchased 50, licenses of WordPerfect adding to the worldwide user base of 20 million and that WordPerfect was adding 4 million new users per year thanks to bundling deals with Dell.

On April 26, , Corel completed its return to the public market with an initial public offering on NASDAQ, [8] the same day finalizing the acquisition of WinZip , an archiving software title.

Having suffered layoffs in and , [17] Corel began a near yearly culture of restructuring beginning in , when in the latter part of that year the company's finance department was restructured and moved to their Taipei office, resulting in significant layoffs at its Ottawa HQ.

Restructuring in [18] resulted in more layoffs. In December , the company's restructuring resulted in the layoffs of the Taipei locations engineering and quality assurance team. Corel's Taipei office was the core development centre of PaintShop Pro and VideoStudio , one of the company's most well-known photo- and video-editing bundles.

The restructuring led to a partial handover of product development to outsourced companies, resulting in more rapid, low-cost development across its product lines. The company continued with layoffs in and once again at the beginning of with the change of the company's CEO to Patrick Nichols, previously the head of Corel's WinZip business unit. In December , Corel announced the acquisition of Parallels.

Reviversoft, an american computer optimizer software company acquired by Corel in Simplestar, an american computer optimizer software company. The annual Corel World Design Contest first ran from through The competition intended to recognize and encourage an international community of graphic artists from over 50,, registered Corel users. Two finalists for each of the eight categories were awarded a trip to Ottawa, Canada to participate in the Corel World Design Contest gala and awards ceremony.

The finalists from each of the eight categories received an issue of the "Corel Crystal Award". The collection of artworks were later released in a catalogue with bundled CD, under the name of "Corel Artshow". The and contests each had a prize pool with a total value of USD, From Wikipedia, the free encyclopedia.

Software company headquartered in Ottawa, Ontario. Not to be confused with Coral. Ottawa , Ontario , Canada. Corel Corporation.

Retrieved Longman Pronunciation Dictionary 3rd ed. Pearson Longman. ISBN This tutorial will teach you about rotating video clips and photos in Pinnacle Studio. This simple editing technique is an easy way to make your video projects look polished and professional.

How to Export Videos Get step-by-step instructions on how to export your Pinnacle Studio video projects, to view on your computer or upload to a social media site.

Using Templates and Overlays in Pinnacle Studio. Includes tips for changing colors and adding effects. How to Create an Animated Lower Third Learn how to create an animated lower third in Pinnacle Studio by combining the powers of keyframing, shapes, masks, text, blur effects and more. How to Create Custom Animated Overlays Learn how to create custom animated overlays in Pinnacle Studio to gain followers, introduce episodes, and enhance branding on your social channels.

How to Use Animated Overlays in Pinnacle Studio Learn the basics of adding animated video overlays to your Pinnacle Studio projects, plus tips for customizing them to create unique effects. Creating Project Templates See how to easily create your own Pinnacle Studio custom templates that can be used for future projects like tutorials or promo videos.

Dynamic Split Screen with Keyframes Learn how to use keyframes in Pinnacle Studio Ultimate to add motion to your split screen videos and show multiple video streams simultaneously. Working with Text and Titles in Pinnacle Studio. Advanced Title Effects Learn how to add creativity and visual impact to your Pinnacle Studio projects by enhancing your titles with motion, effects, and shape backgrounds.

You can control the look of the text and how it moves across the screen. Using the Title Editor The redesigned title editor in Pinnacle Studio gives you unprecedented control over every letter. Learn how to use it in this tutorial! Speed and Motion in Pinnacle Studio. Synchronize your Video to a Beat Learn how to synchronize your video to a beat in Pinnacle Studio, to highlight key moments or climax in the action or transition between images.

This tutorial will show you how to create a super speed illusion in Pinnacle Studio. Creating a Time-lapse Video in Pinnacle Studio This tutorial covers the techniques of creating a time-lapse video in Pinnacle Studio, from shooting your photos to exporting your final video.

Effects, Filters and Transitions in Pinnacle Studio. Appear and Disappear Effect in Pinnacle Studio This easy Pinnacle Studio special effect will give the illusion that your video subjects are appearing or disappearing behind an object like a tree, pole or wall. Advanced Picture-in-Picture Effects in Pinnacle Studio By adding advanced picture-in-picture effects such as pan and zoom, color grading and custom motion, you can easily enhance your Pinnacle Studio projects.

How to Create Custom Transitions Learn how to create your own custom and unique transitions, such as horizontal and vertical wipes, to make your next Pinnacle Studio project really stand out.

Picture-in-Picture Overview This short tutorial will give you a quick look at at using Pinnacle Studio to easily create a picture-in-picture effect. Color Effects and Corrections in Pinnacle Studio. How to Use the Selective Vectorscope Learn how to view color shifts across clips, and correct and perfect skin tones using the Selective Vectorscope in Pinnacle Studio Ultimate.

Masking Techniques in Pinnacle Studio. Dynamic Video Masking Explore how you can take video masks to the next level with new controls to evolve masks frame-by frame!

Pinnacle Studio Ultimate only. How to Use Video Masking Learn how to enhance subjects, hide unwanted objects, and create unique transitions using text and video masks in Pinnacle Studio Ultimate.