Corel

Corel Corporation
Alludo (2022–2025)
FormerlyCascade Parent Limited (2022–2025)
Company typePrivate
Industry
Founded1985 (1985)
FounderMichael Cowpland
Headquarters
Key people
  • Christa Quarles (CEO)
Products
Revenue 298 million USD (2016)
OwnerKKR
Number of employees
1,205 (2023)
Subsidiaries
Websitewww.alludo.com www.corel.com

Corel Corporation (/kəˈrɛl/ kə-REL; as an abbreviation for "Cowpland Research Laboratory") is a Canadian software company headquartered in Ottawa, Ontario, specializing in graphics processing. The company is known for producing software titles such as CorelDRAW, and for acquiring AfterShot Pro, PaintShop Pro, Painter, Video Studio and WordPerfect.

Corel rebranded as Alludo (/əˈl.d/ ə-LOO-doh) in 2022. This prompted a trademark infringement lawsuit by Alpenspruce Education Solutions Inc., which was settled in March 2025, with Corel subsequently abandoning its U.S. trademark efforts for the Alludo name. Corel operates internationally under different names including Awingu N.V., WinZip Computing LLC, Cascade Parent Ltd., and Parallels International GmbH.