Corel Corp. acquires Austin-based Bibble Labs

How do you keep an acquisition quiet for almost a year?
Ask Jeff Stephens, president of Bibble Labs.
Stephens last week announced in a company blog post that Ottawa, Canada-based Corel bought Bibble Labs last year.
Eric Hyman founded Bibble Labs in Austin in 2000.
“All of us at Bibble have joined the Corel team,” Stephens wrote. “We’re keeping Mac and Linux support and we’re staying in Austin.”
Stephens runs “product development for Corel’s new photo workflow solutions that is based on the core Bibble technology.” Corel will no longer sell Bibble 5 and it has released its last update for the product, Stephens said.
The news broke at the annual Consumer Electronics Show in Las Vegas. Corel announced its new Corel Aftershot Pro, a photographic workflow solution for professional and hobby photographers based on Bibble’s technology. The product competes with Adobe’s Photoshop, Lightroom and ACD Systems ACDSee Pro.
“Corel AfterShot Pro provides Windows, Mac OS and Linux users with the tools they need to get the most out of their photos,” according to Corel’s news release.

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