WordPerfect Corporation <company> The original developers of the {WordPerfect} {word processor} and a variety of other {applications} for {personal computers}. WordPerfect was founded in Provo, Utah, USA in 1979 by Alan Ashton and Bruce Bastion as "Satellite Software International". The company name was changed to Wordperfect Corporation in 1986. The company was bought by {Novell, Inc.} in 1994, who then sold it to {Corel Corporation} in 1996. (1997-03-12)