Corel bought out Ulead, along with PhotoImpact and the Ulead video program. Now.. Corel is shoving PI out the door and will no longer be making updates to PhotoImpact. They do still have boxed versions of PI X3 for sale and downloads. When the boxed version is all gone the download version will still be available. I LOVE PhotoImpact, ok... I LIKE it a LOT, better than PSP or PS. So much easier to use.
Here is the link to the Corel PhotoImpact page if you want to purchase the boxed or download version or the upgrade.