Is it possible to make money off a product that millions have downloaded for free? The new owners of WinZip Computing hope so. is an American cloud-based software company headquartered in San Francisco, California.It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development. WinZip, which specializes in software that compresses large files for storage or mailing, has been bought by turnaround investor Vector Capital.įor years, WinZip's eponymous utility has been one of the most popular shareware programs on the Web. It’s, in turn, owned by the Corel Corporation, one of Canada’s biggest software companies. More than 140 million people have downloaded the program, and it's downloaded for free about 500,000 times a week, said Chris Nicholson, a partner at Vector. WinZip Computing LLC is a leading Canadian software company. Technically, WinZip charges $29 for the program after a 30-day free trial. Unfortunately, the honor system doesn't work as well as it used to. Few customers end up paying for the program. The largest software acquisition in 2006 was Sabre - which was acquired by Silver Lake for 5.0B. The company also has never charged for upgrades or new versions, a common practice in the software world. And it has not added extra features for customers that paid the $29 licensing fee. "There was little emphasis on monetizing what they had," Nicholson said. Click the answer to find similar crossword clues. Enter the length or pattern for better results. The Crossword Solver finds answers to classic crosswords and cryptic crossword puzzles. Vector also signed a marketing and distribution agreement with Google.īut Nicholson added, "We don't want to be heavy-handed about it." Vector will try to change that by reminding users a little more firmly that the software costs money, as well as likely coming out with features that only paying customers can download. The Crossword Solver found 20 answers to 'software company that acquired WinZip', 5 letters crossword clue. So, if you only need to use WinZip for a short period of. However, once the trial period is over, you will need to purchase a license to continue using WinZip. This will give you access to all of the features of WinZip for 21 days, including unzipping files. If anything, Vector has shown that software companies that have been around the block can mount a comeback. A popular Windows utility for archiving files in the ZIP format from WinZip Computing, Inc., Bristol CT (formerly Nico Mac Computing. If you want to use WinZip to unzip files, you can download a free trial of the software.
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