Forethought, Inc.

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Forethought, Inc. was a computer software company, best known as developers of what is now Microsoft PowerPoint.

History

In late 1983, Rob Campbell and Taylor Pohlman founded Forethought, Inc in order to develop object-oriented bit-mapped application software. In 1984, they hired Bob Gaskins, a former Ph.D. student at the University of California, Berkeley, in exchange for a large percentage of the company's stock. He and software developer Dennis Austin led the development of a program called Presenter, which they later renamed PowerPoint.[1] Also in 1984, Forethought acquired the rights to publish a Macintosh version of a DOS-based application called Nutshell. They named the Mac version FileMaker and it soon became enormously successful.[2]

PowerPoint 1.0 was released in 1987 for the Apple Macintosh. It ran in black and white, generating text-and-graphics pages for overhead transparencies. A new full-color version of PowerPoint shipped a year later after the first color Macintosh came to market. Later in 1987, Forethought and PowerPoint were purchased by Microsoft Corporation for $14 million.[3] In May 1990 the first Microsoft Windows 3 versions were produced. Since 1990, PowerPoint has been a standard part of the Microsoft Office suite of applications except for the Basic Edition. Microsoft PowerPoint would go on to become the most used and sought after presentation suite, having a 95% market share. Microsoft would later integrate its software under the banner 'Office 365' a subscription-based model which includes Microsoft Word, Microsoft Excel, Microsoft OneNote and it's proprietary cloud storage 'OneDrive.

References

  1. ^ Absolute Powerpoint
  2. ^ Glenn Koenig (2004-04-02). "The Origin of FileMaker". Retrieved 2018-01-03. 
  3. ^ "COMPANY NEWS; Microsoft Buys Software Unit". New York Times. 1987-07-31. Retrieved 2006-12-02. 
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