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I'm oddly attracted to quirky software, I've been a Corel Draw Suite user since version 3. My wife loves Wordperfect. So generally this reads like good news, so
by ChuckMcM 7y ago
I'm oddly attracted to quirky software, I've been a Corel Draw Suite user since version 3. My wife loves Wordperfect. So generally this reads like good news, software diversity wise, but KKR is no doubt going to look at some sort of 'pay us annually or it will stop working' scheme which would likely force me to never upgrade again.
- jonhendry18 7y agoIf they don't plan on just loading it up with excessive debt to pay themselves a big dividend, then let it die and sell the patent portfolio.
- jacobolus 7y ago> reads like good news When has a private equity firm buying a business ever been good news for its products / customers / employees / other investors? Most of the examples I have heard about have resulted in all of the qualified people forced out, the company’s products getting driven into the dirt, huge debt taken on and quasi-fradulently pocketed by the private equity firm and its executives, with other stakeholders left holding the bag.