Microsoft cash injection boosts Corel

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Software giant Microsoft has pumped more than $135m into ailing rival Corel, which recently posted a net loss of $10.7m. The company once had ambitions to compete with Microsoft in the office applications market.

Software giant Microsoft has pumped more than $135m into ailing rival Corel, which recently posted a net loss of $10.7m. The company once had ambitions to compete with Microsoft in the office appli...

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