Ottawa-based Corel Corp. Announced on Thursday that it has acquired Parallels, a software vendor best-known for the desktop virtualization software that allows Windows to run on Mac OS computers. Financial details of the deal were not disclosed in a press release. Corel says that it plans “significant investment into the Parallels business” and sees a chance to grow the combined business through the two firms’ customer bases and partner networks. It’s the third acquisition that Corel CEO Patrick Nichols has made this year and he says more are on the way.
Office for MAC sharing Parallels 12 with Windows 10 I have Office for MAC and have installed Parallels 12 with Windows 10. Do I have to buy another version of Office for Windows so I can print large format in Parallels/Win 10? If I buy Parallels for my Mac, do I still have to buy a copy of Windows as well. Asked by fn from Eden Hills; Nov 11, 2012. I asked a sales rep the same question and was told that you would still need to buy Windows OS. What Parallels does is to allow user to install Windows and run it with Mac OS.
He says Corel, a private company, has been profitable over the years. “We take some of that profit and we use it to acquire new businesses or we invest it in the products we have,” he said in an interview with IT World Canada. “We’ll continue to be on the hunt for new opportunities.” Parallels was a good target because it has a similar go-to-market strategy, Nichols says, one that involves both direct online sales and two-tier distribution with various resellers around the world. On the same call, Parallels CEO Jack Zubarev says his private firm, which began with venture capital investments in 2001, was at the point of maturity that shareholders asked him to evaluate options for a buyer. Corel was the best option.
“Given the scale, the synergies, the technology leverage that our customers will see in our road map, it makes sense,” he says. Parallels will operate as an independent unit within Corel for at least a year, Nichols says, as the firms get to know one another. From there, overaps in the backend systems and in the sales and marketing operations will be identified. “We see a lot of awesome opportunities,” Nichols says.
“Parallels has a massive set of customers and we see cross-selling opportunities for the Corel suite there.” It will be business as usual for channel partners of both firms, at least to start with. Nichols says the firms’ overlap in sales strategies meant partners were already talking to the same people. Eventually, Corel will find ways to combine the organizations. Corel and Parallels have collaborated previously on software bundles. Readers of the Parallels blog got a hint of the acquisition Dec. 18 when the content feature was “.” Though the post didn’t actually indicate an acquisition was about to take place.
Projections of the market paint a picture of rapid growth in the years ahead. According, the market was valued at almost $5 billion in 2017 and is projected to reach a value of nearly $9 billion by 2023, growing by 10.3 per cent annually. Behind the trend is the tendency to allow employees to procure and use devices of their own choice at works, meaning the IT department has to provide a secure virtual desktop to the user. Healthcare is one of the fastest-growing verticals to adopt desktop virtualization. Both Orbis Reseach and IDC rank Parallels as a major player in the desktop virtualization market. It competes with Citrix Systems, VMWare, Microsoft, and Huawei in this space. Parallels software is offered up at Apple and Microsoft stores as a virtualization solution for consumers that want Mac hardware and Windows software.
It’s also a popular solution for the IT department. A reflecting user data on the Parallels blog identifies IT users as its top segment, followed by software, developers, finance, marketing, and design. It also lists the top devices Parallels is run on: 96,002 MacBook Pros, 37,952 iMacs, and 19,284 MacBook Airs.
Users run Parallels to get access to Windows software including Internet Explorer, Microsoft Office, QuickBooks, Visual C, and OneDrive. Half of users at the time were running Windows 10 with Parallels, with 24 per cent running Windows 7. (It’s also possible to run Linux and Android with Parallels.) Corel’s existing software portfolio consists of CorelDraw, WinZip, ClearSlide, and MindManager.
Was founded by Michael Cowpland in 1985 and was well known for its word processing and graphics design software, achieving high sales in the late ’90s and early 2000s, at one time claiming the title of the largest software firm in Canada. Nichols took the helm at Corel in 2015. Other notable recent acquisitions he’s made include Mindjet MindManager in August 2016 and Gravit GmbH in June 2018. Related Download Sponsor: BlackBerry.
We’ve made it so easy to get Windows 10 in ® 13. Here is the easiest the fastest way of getting Windows 10 running on your Mac with Parallels Desktop 13, even if you do not have a license for Windows 10. You can now purchase and download Microsoft Windows directly from the Parallels Desktop installation with a few simple clicks! Note: Before you can install Windows 10, please double-check the following requirements to have the best experience with Microsoft Windows 10 in Parallels Desktop:. Check Windows 10 system requirements that can be found directly from.
Make sure you’re running the of Parallels Desktop 13 As a new user, you will be prompted by the Installation Assistant to download and install Windows 10 as an automatic download, as seen below: (Figure A) If you select “Install Windows,” this will begin a download of Microsoft Windows 10 automatically. If you decide to select “Skip” but still need to download Windows 10, you can manually “Add New” virtual machine by following this pathway: Parallels Desktop File New This will bring up the Installation Assistant that will walk you through creating a new virtual machine. (Figure B) In Figure B, “Get Windows 10 from Microsoft” is selected. Once you hit “Continue,” you will be directed to a new screen that allows you to choose which version of Windows 10 you’d like to purchase. See Figure C below. (Figure C) In Figure C, you have an option to purchase Windows 10 Home or Windows 10 Pro edition directly from the Microsoft store.
If you already have a Windows 10 license key, you can download Windows 10 as a virtual machine and enter in the license key directly into the virtual machine to complete set up. In Figure B, you’re able to select “Download Windows 10.” Selecting this option and pressing “Continue” will prompt you to the download page for Windows 10, as seen below in Figure D. (Figure D) After you select “Install Windows,” your download will begin.
This download time is dependent on your internet connection, so it could take anywhere from a few minutes to a couple hours. Once completed with the above download, you will be able to enter the Windows 10 license key in the screen below: (Figure E) After entering the Windows 10 license key, you will have full access to the Microsoft Windows operating system to meet your needs. The Windows 10 OS will show up in your Control Center as a virtual machine. (Figure F) In the above Figure F, you can click to start your virtual machine and without rebooting.
Easy peasy, right? Enjoy using Windows 10 on your Mac to run popular software such as Microsoft Office, AutoCAD, Adobe Creative Cloud, and thousands more. Here are a few alternative methods for creating Windows 10 virtual machine using Parallels Desktop: Migrate your PC as a new virtual machine which can be read about here: Set up Parallels Desktop based on an existing Boot Camp partition: Set up a Parallels Desktop virtual machine using an external USB stick: Need a Microsoft Windows operating system to get started with your educational software? Buy directly below: Looking to make the most out of your Mac by running Windows through Parallels Desktop?
And get started today!