Blast Radius to Acquire XMetaL from Corel

Feb 10, 2004

Blast Radius, a technology solutions company, and Corel, a software developer, have signed an agreement whereby Blast Radius will acquire all assets of Corel's XMetaL division. The deal is expected to close within the next several days. XMetaL is an XML authoring product and complements Blast Radius' existing content collaboration product offerings, also based on XML standards. XMetaL is designed to simplify the creation of valid XML content, and streamline the process of distributing information to the Web, print, and other media. XMetaL customers include Nike Timing, CIBC World Markets, KBC Bank and Insurance, Texas Instruments, ICP Europe Publishing, Mercury Marine, and Continental Airlines.

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