Premium

KKR Acquires Canadian Software Company Corel in a Rumored $1 Billion+ Deal

KKR confirmed last week that it has closed a deal to acquire Canadian software company Corel. The private equity giant purchased Corel—which produces WordPerfect, CorelDRAW and several other apps—from private equity firm Vector Capital. The specific acquisition terms have not been disclosed, but rumors surrounding the deal point to a price north of $1 billion...