Not Collabora. Collabra was a groupware company Netscape acquired to shore up the E-mail portion of Communicator. It didn't work and ended up substantially delaying future development of the browser suite.
There's a long list of companies that died by being acquired into a bad culture. OP is talking about the opposite: an acquisition so toxic it rots the parent company.
By the time of the merger with Time Warner they were a joke among technical people. They were in the same category as Compuserve and Prodigy, but marketed specifically as an "easy" service for less technical users.
Netscape died because Microsoft bundled their browser with the operating system and made it free for commercial use, what essentially led to the huge antitrust case.
Only after that did browsers become utilities in the OS, with open source engines like Konqueror's KHTML (which later became WebKit, which later became Blink) and Netscape/Mozilla's Gecko
Microsoft was the overwhelming majority of all installations. So effectively, once Microsoft added it, it was a utility. I'm well aware of that history.