Corel Corp. has acquired Parallels Desktop, software that enables Macs to run Windows, as well as the company that produces it. This shouldn’t make fans of this app nervous, as Corel promises to make “significant investment” in the business.
Corel is best known for its graphics applications for Windows, like CorelDRAW and PaintShop Pro. It also offers multimedia apps. And now it makes desktop virtualization software.
Parallels Desktop for Mac lets you create a virtual machine that runs either Windows, macOS, and more — then run it right on your existing macOS desktop. This gives access to Windows programs alongside Mac apps in OS X.
This isn’t the only option, though. Another is Blade Shadow, a subscription service that streams a powerful Windows 10 PC to your iPhone, iPad, and Mac.
About the Parallels acquisition
“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, in a statement.
As of today, Corel offers the complete product line of its latest acquisition, including Parallels Desktop for Mac, Parallels Toolbox for Windows and Mac, Parallels Access, Parallels Mac Management for Microsoft SCCM, and Parallels Remote Application Server.
Financial details of the acquisition were not disclosed.