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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 mKd4yEKVp1W0NKEGg0WmFw==

<SEC-DOCUMENT>0001209191-09-054532.txt : 20091127
<SEC-HEADER>0001209191-09-054532.hdr.sgml : 20091126
<ACCEPTANCE-DATETIME>20091127154614
ACCESSION NUMBER:		0001209191-09-054532
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20091117
FILED AS OF DATE:		20091127
DATE AS OF CHANGE:		20091127

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COREL CORP
		CENTRAL INDEX KEY:			0000890640
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				101151819
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1130

	BUSINESS ADDRESS:	
		STREET 1:		1600 CARLING AVE
		STREET 2:		OTTAWA
		CITY:			ONTARIO CANADA
		STATE:			A6
		ZIP:			K1Z 8R7
		BUSINESS PHONE:		6137288200

	MAIL ADDRESS:	
		STREET 1:		1600 CARLING AVENUE
		STREET 2:		OTTAWA
		CITY:			ONTARIO CANADA
		STATE:			A6
		ZIP:			K1Z 8R7

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Versata Enterprises, Inc.
		CENTRAL INDEX KEY:			0001477610
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1209

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20562
		FILM NUMBER:		091210322

	BUSINESS ADDRESS:	
		STREET 1:		6011 WEST COURTYARD DRIVE
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78730
		BUSINESS PHONE:		512-524-6149

	MAIL ADDRESS:	
		STREET 1:		6011 WEST COURTYARD DRIVE
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78730
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>c93124_3x0.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0203</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2009-11-17</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000890640</issuerCik>
        <issuerName>COREL CORP</issuerName>
        <issuerTradingSymbol>CREL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001477610</rptOwnerCik>
            <rptOwnerName>Versata Enterprises, Inc.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6011 WEST COURTYARD DR., SUITE 300</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>AUSTIN</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>78730</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Member-10% owner group (1)</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <remarks>(1) The reporting person's sole stockholder, Trilogy, Inc., is controlled by Joseph A. Liemandt, its controlling stockholder.  Mr. Liemandt
is the sole manager and sole member of ESW Capital, LLC, which beneficially owns 4,495,644 shares of common stock, no par value
per share, of Corel Corporation (the &quot;Issuer&quot;).  The reporting person disclaims beneficial ownership of the securities
owned by ESW Capital, LLC described above and Trilogy, Inc. or Mr. Liemandt, if any, except to the extent of the pecuniary interest
of the reporting person in such securities.  Further, the reporting person may be deemed to be a member of a group for the purposes
of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the &quot;Act&quot;), with Mr. Liemandt, ESW Capital,
LLC and Trilogy, Inc.  The reporting person and each member of the group declares that neither the filing of this statement nor anything
herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other
purpose, a member of a group with respect to the Issuer or securities of the Issuer.  Please see the Schedule 13D filed with the
Securities and Exchange Commission on November 18, 2009 with respect to the Issuer's securities and the relationship of the reporting
person, Mr. Liemandt, ESW Capital, LLC and Trilogy, Inc. for additional details.</remarks>

    <ownerSignature>
        <signatureName>Versata Enterprises, Inc., By: /s/ Joseph A. Liemandt, Name: Joseph A. Liemandt, Assistant Secretary</signatureName>
        <signatureDate>2009-11-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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