The two founders of WordPerfect, Bruce Bastian and Dr. Alan Ashton were looking to retire and sell off the company. WordPerfect produced GroupWise and WordPerfect. The soon-to-be released versions of WordPerfect 6.1 (Windows) and 6.0 (UNIX) were getting rave reviews. As soon as they were released, they were sure to take MS Word by storm, put the last nail in WordStar's coffin and secure WordPerfect as the de facto word processor on the planet.
At the same time, Novell was having a hard time showing the value of NetWare-connected machines. Companies were spending hundreds of thousands of dollars to install NetWare, but weren't seeing the value of 'networked' machines without an application to showcase NetWare-connected PCs.
Novell approached Alan and Bruce with an offer to purchase GroupWise. But Alan and Bruce were unwilling to split the company into two. Novell insisted and pushed. Novell finally agreed to buy the company (WordPerfect + GroupWise) - as a whole - for the negotiated price.
This all happened right before mass production of the new and highly reviewed WordPerfect products was to begin. All that was needed was for the 'Golden Bits' to be delivered to the factories for mass production, duplication, packaging and shipping. The channel was primed and the companies were waiting with bated breath to purchase the new WordPerfect.
But that never happened.
As soon as the company was purchased, Novell ignored WordPerfect (the product) like an ugly stepchild. They wrapped all of their energies and marketing muscle around GroupWise and bundled it with every sale of Novell NetWare. As a result, people were finally able to see the value of 'networked' machines that you allowed employees to collaborate calendars and share intra-office email.
But it was Novell that killed WordPerfect. There is no one else to blame. Novell killed a cash cow that was handed to them for nearly nothing. In the resulting vacuum, Microsoft Word slowly made inroads that eventually established Word as the word processing standard for the majority of companies around the world.
If the facts come out, it'll be clear Novell has no one to blame but themselves. And not just for WordPerfect's demise - but for NetWare as well. They've failed to capitalize on so many opportunities it's a wonder they even lasted as long as they did.