Corel Corporation has eluded this month that they might be in discussions for a sale. Specifically, they mentioned “potential strategic third-party alternatives” that could benefit shareholders. No agreement has officially been reached, but they have confirmed they are in discussions. In light of the news, stocks rose 11%. Corel’s Q2 profits dropped 60% year-over-year. Corel is a leading developer of graphics, productivity and digital media software with more than 100 million users worldwide. In 2006 Corel purchased Ulead and Intervideo.