| Ulead Systems, Inc. 友立資訊 | |
| Type: | Subsidiary |
| Foundation: | Taipei, Taiwan (5 August 1989) |
| Location City: | Taipei |
| Location Country: | Taiwan |
| Key People: | Lotus Chen, Founder Way-Zen Chen, Founder Lewis Liaw, Founder Steve Ro, Chairman Eldon Liu, CEO |
| Industry: | Software publishing |
| Parent: | Alludo |
| Products: | Computer software |
| Revenue: | USD 34.46 million (2005) |
| Num Employees: | 287 in Ulead Headquarters (31 January 2006) |
Ulead Systems is a Taiwanese computer software company headquartered in Neihu district in Taipei, Taiwan. It is a subsidiary of Alludo.
Ulead was founded on 5 August 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 Corporation 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.
Ulead Systems then extended its development of multimedia software in various areas such as video editing, media management, web utility, DVD authoring and digital home.
On 17 September 2001, Ulead was listed on the Taiwan Stock Exchange as 2487.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]