Alchemy Software Development Limited was founded by Enda McDonnell and Tony O’Dowd, who were the original developers of Corel Catalyst. It acquired the Corel Catalyst software which was initially owned by
Corel Corporation, in a deal which saw Corel gain a stake of 24.9% equity interest in the newly formed company. On March 6, 2008 Alchemy Software development merged with Translations.com, a provider of software localisation and Globalization Management system technology. The headquarters of Alchemy Software Development Limited are located in Dublin. The company also has offices located in Japan, Germany and the United States. Catalyst 2019 was released in December 2018. ==Alchemy CATALYST 2019==