- Visio Corporation
Visio Corporation was a software company based in
Seattle, Washington . Its principal product was a diagrammingapplication software of the same name. It was acquired byMicrosoft and is now in a division of that company, which continues to develop the application under the nameMicrosoft Office Visio .History
The company was founded in September of
1990 as the Axon Corporation. All of its founders came fromAldus Corporation:Jeremy Jaech andDave Walter were two of Aldus's original founders, and Ted Johnson was the lead developer of Aldus PageMaker for Windows.In
1992 , before it had released a single product, the company changed its name to Shapeware. It finally released its first application, Visio, in November of that year.When Shapeware released Visio 4.0 on
August 18 ,1995 , it was one of the first applications developed specifically forWindows 95 .In November
1995 , Shapeware changed its own name to Visio and marked itsinitial public offering of stock under the ticker VSIO.On
January 7 ,2000 ,Microsoft Corporation acquired Visio in astock swap . Microsoft gave Visio shareholders 0.45 Microsoft shares for each Visio share. Based on the value of Microsoft stock when the deal closed the trade was worth approximately US$1.5 billion. This was Microsoft's largest acquisition until they acquiredaQuantive .cite news | author=The Associated Press | url= http://seattlepi.nwsource.com/business/visi15.shtml | title= Microsoft buying Visio for $1.3 billion | work=The Seattle Post-Intelligencer | date=1999-09-15 | accessdate=2006-08-20] cite news | url= http://archives.seattletimes.nwsource.com/cgi-bin/texis.cgi/web/vortex/display?slug=A20000109010015&date=20000108 | title= $1.5 billion Visio purchase complete, Microsoft says | work=The Seattle Times | date=2000-01-08 | accessdate=2006-08-20]ee also
*
Microsoft Visio References
External links
* [http://visio.mvps.org/History.htm Microsoft Visio History]
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