Corel has announced it has acquired Awingu for an undisclosed amount. Awingu will become a part of the Parallels brand portfolio.
Business Australia indicates that as Australians adjust to life after rounds of lockdown, workplaces are seeing the rise of “commute-avoidance” from employees. More Australian workers prefer to be able to work anywhere, or within 15 minutes of commute from their homes.
“The future of work is now; we are living it. The pandemic further accelerated the need for organisations to determine and shift their remote and hybrid work infrastructures. Now, organisations are figuring out how they can cater to the flexibility that employees want with their workplaces while also ensuring secure and efficient access,” said Prashant Ketkar, Chief Technology and Product Officer, Corel. “We’re committed to helping organisations navigate this shift in the workplace, and with the addition of Awingu we’re one step closer to improving the experience for every stakeholder that interacts with our products.”
“I’m excited to join the Corel organisation with the Awingu team. Both companies have a customer-first mindset and share the mission to ensure a seamless, secure, and effective workspace no matter where an employee is located,” said Walter van Uytven, CEO, Awingu. “Together with Parallels RAS, we’ll bring a broader, richer set of solutions across the secure remote desktop and app streaming industry to our customers.”
The Awingu team, including CEO Walter van Uytven, will join Corel, bringing their strategic and engineering expertise to the organisation to help accelerate product roadmaps.
Corel is a KKR portfolio company. Awingu was previously backed by Pamica NV, an investment company of Awingu’s former Executive Chairman, Michel Akkermans.