 | |
| Company type | Subsidiary |
|---|---|
| Industry | Software publishing |
| Founded | Taipei, Taiwan (5 August 1989) |
| Headquarters | , |
Key people | Lotus Chen,Founder Way-Zen Chen, Founder Lewis Liaw, Founder Steve Ro,Chairman Eldon Liu,CEO |
| Products | Computer software |
| Revenue | USD 34.46million (2005) |
Number of employees | 287 in UleadHeadquarters (31 January 2006) |
| Parent | Alludo |
| Website | www |
Ulead Systems (Chinese:友立資訊;pinyin:Yǒulì Zīxùn;Pe̍h-ōe-jī:Iú-li̍p-chu-sìn) is a Taiwanesecomputersoftware company headquartered inNeihudistrict inTaipei,Taiwan. It is a subsidiary ofAlludo.
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Ulead was founded on 5 August 1989 by Lotus Chen, Lewis Liaw and Way-Zen Chen. They founded Ulead with the support ofMicrotek after leaving Taiwan'sInstitute for Information Industry in order to further develop and commercialize their first true color image editing software,PhotoStyler, on theWindows platform.
Ulead sold PhotoStyler throughAldus Corporation as asoftware developer. However, Aldus merged intoAdobe Systems in 1994 and PhotoStyler is no longer available. Ulead then continued to developPhotoImpact 3 as itsflagship image editor and sell PhotoImpact by itself.
Ulead Systems then extended its development of multimedia software in various areas such asvideo editing,media management, web utility,DVD authoring anddigital home.
On 17 September 2001, Ulead was listed on theTaiwan Stock Exchange as2487.TW.
On 13 April 2005,InterVideo acquired Ulead Systems for approximately $68 million. On 9 July 2006, InterVideo announced its merger with Ulead to be completed on 28 December 2006.
On 28 August 2006,Corel announced that it would acquire InterVideo for about $196 million.[1]
On 24 October 2006, Ulead was unlisted on the Taiwan Stock Exchange.[2]
On 12 December 2006, Corel announced the acquisition of InterVideo and Ulead had been completed.[3]
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