I’m thrilled to announce that Canadian-based Corel has acquired Awingu. Awingu has experienced rapid growth over the last year as the global workforce embraces permanent remote and hybrid business models and this is a great time for the next chapter in our story. Awingu is known for its powerful simplicity, and is recognized as a Unified Workspace and Zero Trust solution by analysts such as Gartner and Forrester.
Corel is a leading provider of solutions that promote workplace creativity, productivity, and collaboration. It’s the home of Parallels, an award-winning virtualization and VDI solution that includes Parallels Remote Application Server (RAS) and Parallels Desktop. The acquisition of Awingu strengthens Corel’s ability to deliver a secure, productive remote workspace for its millions of users.
This is good news for our customers and partners! Joining forces with Corel doesn’t replace Awingu, but rather enhances its capabilities. We truly believe that Parallels and Awingu are complementary technologies that build on each other and are stronger together. The combination results in a unified product that leverages the unique strengths of both solutions and meets an urgent market need for remote access and workspace technology. It also gives Awingu technologists more access to R&D resources to further expand and enhance the Awingu offering in ways that may not have been possible before.
While the Awingu technology isn’t going anywhere, the Awingu brand will be replaced by the Parallels brand over time. As much as we loved and are proud of the Awingu brand, no longer will our Awingurus need to explain that Wingu is the Swahili word for cloud. The Awingu teams will stay in place and will gradually be combined with the Corel and Parallels teams. I am also pleased to announce that I’ll be joining the Corel team moving forward, and I’m excited about what the future holds for our combined companies.
This acquisition means that Awingu will be part of a larger organization with more scale in customer success, sales, marketing, product development and support. Our commercial leverage will grow significantly. Awingu has strong and growing coverage in EMEA, which will be extended by Parallels’ global channels and vice versa. This opens the door for even stronger proximity to customers and partners.
On behalf of the Awingu team, I want to say that I’m really looking forward to this new chapter. I wish to thank all Awingu partners and customers who have supported and trusted us. Our journey is only getting started!
We will continue to communicate to our partners and customers, as plans take more shape and operational realities start to change.
Walter Van Uytven, CEO Awingu