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| Company type | Private |
|---|---|
| Industry | Software |
| Founded | 1983; 41 years ago (1983) |
| Founder | |
| Defunct | 1987 (1987) |
| Fate | Acquired by Microsoft |
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 Robert 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. 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.
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. That year Forethought was purchased by Microsoft Corporation for $14 million (~$32.2 million in 2023). In May 1990 the first Windows 3.0 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.
References
- Parker, Ian. "Absolute Powerpoint". Ohio State University. Archived from the original on 26 August 2021. Retrieved 23 August 2021.
- Koenig, Glenn (2004-04-02). "The Origin of FileMaker". Dancing-Data. Retrieved 2018-01-03.
- "COMPANY NEWS; Microsoft Buys Software Unit". The New York Times. 1987-07-31. Retrieved 2006-12-02.
- Keefe, Patricia (1987-08-03). "Microsoft buys Forethought". Computerworld. p. 81. Retrieved 2024-11-01.
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