Popular virtualization software company Parallels has been acquired by Corel. The creative software veteran who has produced Corel Draw, WordPerfect, and Painter Pro says it will put “significant investment” into the Parallels software going forward.
Corel made the Parallels acquisition announcement in a press release today:
Corel’s CEO, Patrick Nichols, said he sees the two companies’ software as “highly complementary.”
As for the future, Corel plans to put a lot of resources behind Parallels and grow its entire portfolio of software for all operating systems.
As of yet, details on the purchase price haven’t been shared. Parallels is one of the most popular ways to run Windows on a Mac without having to reboot your machine to switch between macOS and Microsoft’s OS.
We reviewed Parallels 14 earlier this year, and have previously covered how to use Windows with Parallels on Mac with ease.
