|Founded||Taipei, Taiwan (August 5, 1989)|
|Lotus Chen, Founder
Way-Zen Chen, Founder
Lewis Liaw, Founder
Steve Ro, Chairman
Eldon Liu, CEO
|Revenue||USD 34.46 million (2005)|
Number of employees
|287 in Ulead Headquarters (January 31, 2006)|
Ulead Systems (Chinese: 友立資訊; pinyin: Yǒulì Zīxùn; Pe̍h-ōe-jī: Iú-li̍p-chu-sìn) is a Taiwanese computer software company headquartered in Neihu district in Taipei, Taiwan. It is a subsidiary of Corel.
Ulead was founded on August 5, 1989 by Lotus Chen, Lewis Liaw and Way-Zen Chen. They founded Ulead with the support of Microtek after leaving Taiwan's Institute for Information Industry in order to further develop and commercialize their first true color image editing software, PhotoStyler, on the Windows platform.
Ulead sold PhotoStyler through Aldus software as a software developer. However, Aldus merged into Adobe Systems in 1994 and PhotoStyler is no longer available. Ulead then continued to develop PhotoImpact 3 as its flagship image editor and sell PhotoImpact by itself. Today, PhotoImpact is known as a competitor of Adobe Photoshop.
On April 13, 2005, InterVideo acquired Ulead Systems for approximately $68 million. On July 9, 2006, InterVideo announced its merger with Ulead to be completed on December 28, 2006.
On October 24, 2006, Ulead was unlisted on the Taiwan Stock Exchange.
On December 12, 2006, Corel announced the acquisition of InterVideo and Ulead had been completed.
- Nuttall, Chris (2006-08-28). "Corel buys InterVideo for $196m". Financial Times. Retrieved 2006-09-10.
- Taiwan Stock Exchange Fact Book 2007 - Delistings in 2006
- Corel's letter to customers on the InterVideo Ulead acquisition
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