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July 03 - 16:07
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KKR to buy software platform Corel for a reported $1 billion
Global investment firm KKR has agreed a deal to acquire leading software platform Corel in a deal worth a reported $1 billion. The deal had been rumoured over the last few days, but KKR today confirmed it had bought the company from private equity firm Vector Capital. Corel offers software solutions across three main verticals: Creativity, Productivity, and Desktop-as-a-Service.
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