close corporation

n : a corporation owned by a few people; shares have no public

market [syn: {closed corporation}, {private corporation},

{privately held corporation}]

Corel Corporation

A software publisher best known for the {CorelDraw}

{application}. Founded in June 1985 by Dr. Michael Cowpland,

Corel Corporation was originally a {systems integration}

company. In January 1989, however they entered the software

publishing market with the introduction of CorelDraw. Corel

became the second largest maker of personal {productivity

software} in January 1996 when they purchased the

{WordPerfect} family of software from {Novell, Inc.}.

{Home (http://www.corel.com/)}.

(1997-03-12)