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iGrafx company history timeline

1992

Going into 1992, Corel was employing about 250 workers and had shipped nearly 300,000 of its CorelDRAW packages to more than 40 countries.

Then, one day in 1992, Cowpland coldly and abruptly eliminated the systems division and sent Hladkowicz packing.

1994

At the same time, it continued to enhance its CorelDRAW line and to chase the other market categories it had targeted in 1994.

1995

Furthermore, Cowpland still owned an equity stake in the company of about 20 percent by 1995, giving him an estimated net worth of $200 million.

1996

Likewise, Corel introduced a video-conferencing system early in 1996 called CorelVideo that was designed to operate efficiently on local area network systems.

From 1996 onward, Cowpland's success with Corel would be measured by his ability to beat Bill Gates at his own game.

1998

In 1998 the company released WordPerfect Suite 8 with Dragon NaturallySpeaking, giving users speech-enabled word processing.

1999

In 1999, Corel went out on a limb with its own Linux distribution at the same time as it was launching Linux versions of its popular WordPerfect Office and CorelDraw software.

2003

Toward this end, Cowpland's hopes were buoyed by the announcement that the Linux operating environment was expected to grow at a compound annual rate of more than 25 percent through 2003, according to International Data Corporation, an industry research organization.

2012

The latest version of CorelDRAW is version X6 or version 16 (when this article was created) which was launched on March 20, 2012.

2018

In 2018, Information Age magazine recognized her as a finalist for Digital Leader of the Year at their annual Women in IT awards.

Also in 2018, Teesee was named One to Watch by CIO Magazine while she was VP of Digital Strategy and Cloud at Infor.

After beginning his career in public accounting with PwC, Bart has since worked with iGrafx and its sister company Packet Design in increasing capacities from Senior Accountant through Vice President of Finance, ushering Packet Design to a successful exit in 2018 in the process.

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Founded
1991
Company founded
Headquarters
Tualatin, OR
Company headquarter
Founders
Michael Cowpland
Company founders
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iGrafx competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Onyx Graphics1989$6.1M50-
ABBYY1989$37.0M6005
SchemaLogic2001-9-
Redwood Software1993$19.5M5014
Appian1999$617.0M1,400120
ProModel1988$17.0M161-
Intalio1999$29.3M6-
Parallels1999$100.0M801-
First DataBank1977$27.5M400-
eMDs1996$55.0M59254

iGrafx history FAQs

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iGrafx may also be known as or be related to Corel, Corel Corporation, Corel Inc and iGrafx.