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On 24 October 2006, Ulead was unlisted on the Taiwan Stock Exchange. On 28 August 2006, Corel announced that it would acquire InterVideo for about $196 million.
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On 9 July 2006, InterVideo announced its merger with Ulead to be completed on 28 December 2006. Corel PhotoImpact X3 combines full-featured photo editing with inspiring photo projects and amazing digital art to make digital photography and image creativity fun, fast and easy. On 13 April 2005, InterVideo acquired Ulead Systems for approximately $68 million. On 17 September 2001, Ulead was listed on the Taiwan Stock Exchange as 2487.TW. Turn your life’s best moments into movies with VideoStudio Ultimate 2021 Get creative with instant templates, an expanded collection of effects, powerful color grading, video masking and more.
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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. Ulead then continued to develop PhotoImpact 3 as its flagship image editor and sell PhotoImpact by itself. However, Aldus merged into Adobe Systems in 1994 and PhotoStyler is no longer available. Ulead sold PhotoStyler through Aldus Corporation as a software developer. 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. Office Enterprise was founded on 5 August 1989 by Lotus Chen, Lewis Liaw and Way-Zen Chen.
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