Michael Cowpland (born April 23, 1943 in
Bexhill-on-Sea
Bexhill-on-Sea (often shortened to Bexhill) is a seaside town and civil parish situated in the county of East Sussex in South East England. An ancient town and part of the local government district of Rother, Bexhill is home to a number of a ...
) is a British-born entrepreneur, businessman, and the founder and one-time president, chairman and CEO of
Corel
Cascade Parent Limited, doing business as Alludo (pronounced like "all you do"), is a Canadian software company headquartered in Ottawa, Ontario, specializing in graphics processing. Formerly called the Corel Corporation ( ; from the abbreviation ...
, a Canadian software company.
Career
Mitel
Cowpland worked for Bell Northern Research (later part of
Nortel Networks
Nortel Networks Corporation (Nortel), formerly Northern Telecom Limited, was a Canadian Multinational corporation, multinational telecommunications and data networking equipment manufacturer headquartered in Ottawa, Ontario, Canada. It was foun ...
), then
MicroSystems International
Microsystems International Limited (MIL) was a telecommunications microelectronics company based in Ottawa, Ontario, Canada, founded in 1969. MIL was an early attempt to create a merchant semiconductor house by Nortel Networks (then Northern Elect ...
. In 1973, Cowpland and
Terry Matthews
Sir Terence Hedley Matthews (born 6 June 1943) is a Welsh-Canadian business magnate, serial high-tech entrepreneur, and Wales' first billionaire. He was the richest man in Wales until 2012, when he was surpassed by Sir Michael Moritz.
He has ...
founded
Mitel Corporation, a company that developed and sold electronic
PBX systems. Initial success made both founders millionaires. Sales peaked at $250 million, but over-expansion and development problems saw the company bought by
British Telecom
BT Group plc (trade name, trading as BT and formerly British Telecom) is a British Multinational corporation, multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is th ...
. Both Cowpland and Matthews left the company in 1984 amid disagreements with the owners.
Corel
Matthews went on to found
Newbridge Networks, while Cowpland launched Cowpland Research Laboratory (soon
Corel
Cascade Parent Limited, doing business as Alludo (pronounced like "all you do"), is a Canadian software company headquartered in Ottawa, Ontario, specializing in graphics processing. Formerly called the Corel Corporation ( ; from the abbreviation ...
) in Ottawa in 1985. At first, the company sold
DTP workstations, but success did not arrive until the launch of the graphics software
CorelDRAW
CorelDRAW is a vector graphics editor developed and marketed by Corel Corporation. It is also the name of the Corel graphics suite, which includes the bitmap-image editor Corel Photo-Paint as well as other graphics-related programs (see below) ...
in 1989.
In 1996, he offered a challenge to
Microsoft
Microsoft Corporation is an American multinational corporation, multinational technology company, technology corporation producing Software, computer software, consumer electronics, personal computers, and related services headquartered at th ...
with a move into
productivity software
Productivity software (also called personal productivity software or office productivity software) is application software used for producing information (such as documents, presentations, worksheets, databases, charts, graphs, digital painting ...
, acquiring
WordPerfect from
Novell
Novell, Inc. was an American software and services company headquartered in Provo, Utah, that existed from 1980 until 2014. Its most significant product was the multi- platform network operating system known as Novell NetWare.
Under the l ...
for $158 million. However this was unsuccessful as Microsoft managed to get many new computers loaded with
Microsoft Word
Microsoft Word is a word processing software developed by Microsoft. It was first released on October 25, 1983, under the name ''Multi-Tool Word'' for Xenix systems. Subsequent versions were later written for several other platforms includi ...
along with
Windows
Windows is a group of several proprietary graphical operating system families developed and marketed by Microsoft. Each family caters to a certain sector of the computing industry. For example, Windows NT for consumers, Windows Server for ...
.
The company also made unsuccessful forays into
CAD,
videoconferencing
Videotelephony, also known as videoconferencing and video teleconferencing, is the two-way or multipoint reception and transmission of audio and video signals by people in different locations for real time communication.McGraw-Hill Concise Encyc ...
,
Java
Java (; id, Jawa, ; jv, ꦗꦮ; su, ) is one of the Greater Sunda Islands in Indonesia. It is bordered by the Indian Ocean to the south and the Java Sea to the north. With a population of 151.6 million people, Java is the world's mo ...
,
Linux
Linux ( or ) is a family of open-source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991, by Linus Torvalds. Linux is typically packaged as a Linux distribution, which i ...
and other developments.
He was investigated by the
Ontario Securities Commission
The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown agency which reports to the Ontario legislature through the Mi ...
(OSC) in 1999–2000 regarding allegations that he had used insider information to sell $20 million in Corel shares at $8/share shortly before the company posted disappointing results. The two sides settled the case in 2003, with Cowpland agreeing to pay $575,000.
Subsequent to Cowpland's alleged insider sale at $8, Corel shares hit a peak of $60/share around November 1999, during the height of the Linux boom when
Corel's Desktop Linux was seen to be a potential rival to Microsoft Windows.
After an unsuccessful attempt to buy
Borland with a view to creating a critical mass for Linux, Cowpland left Corel in August 2000, and moved on to buy control of ZIM corporation, a database and mobile content company which is listed on the NASDAQ bulletin board (ZIMCF).
Personal life
He was married to his first wife Darlene until 1991 when they divorced. They have two daughters, Paula and Christine. In 1992, he married his second wife, Marlen Cowpland. The couple live in a $14-million 1,800-square-metre house in
Rockcliffe Park, Ontario
Rockcliffe Park ( French: ''Parc Rockcliffe'') is a neighbourhood in Rideau-Rockcliffe Ward, close to the centre of Ottawa, Ontario, Canada. Established in 1864, organized as a Police village in 1908, and an independent village from 1926, and ul ...
.
References
{{DEFAULTSORT:Cowpland, Michael
1943 births
Living people
Businesspeople from Ottawa
English businesspeople
Carleton University alumni
Alumni of Imperial College London
People from Bexhill-on-Sea
English emigrants to Canada
Nortel employees
Canadian technology company founders
Corel
Canadian technology chief executives
Canadian chairpersons of corporations