Corel has confirmed that it has acquired Parallels, the company that makes one of the best solutions for running Windows on Mac.

Working with Parallels

Corel now offers the complete Parallels product line, including Parallels Desktop for Mac, Parallels Toolbox for Windows and Mac, Parallels Access, Parallels Mac Management for Microsoft SCCM, and Parallels Remote Application Server (RAS).

The new company owner plans to make big investments in Parallels.

The aim is to “deliver applications and services that empower users across their favourite platforms, including Windows, macOS, iOS, Android, Chromebooks, Linux, Raspberry Pi, and the cloud,” the PR states.

“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.

Corel is one of the world’s older software firms.

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Founded in 1985 it became Canada’s biggest tech company for a time in the late 90’s and early noughties, partly due to the success of its now Windows-only vector-based illustration application, CorelDraw.

I guess the company now hopes to build products for a connected, multi-platform and cloud-driven era.