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Forethought, Inc. was a
computer software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...
company A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members ...
, best known as developers of what is now
Microsoft PowerPoint Microsoft PowerPoint is a presentation program, developed by Microsoft. It was originally created by Robert Gaskins, Tom Rudkin, and Dennis Austin at a software company named Forethought, Inc. It was released on April 20, 1987, initially ...
.


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 The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California), is a Public university, public Land-grant university, land-grant research university in Berkeley, California, United States. Founded in 1868 and named after t ...
, in exchange for a large percentage of the company's stock. He and software developer
Dennis Austin Dennis Robert Austin (May 28, 1947 – September 1, 2023) was an American software developer. He played a pivotal role as the lead software developer for PowerPoint between 1985 and 1996, focusing primarily on its versions tailored for Apple Maci ...
led the development of a program named ''Presenter'', which they later renamed ''PowerPoint''. Also in 1984, Forethought acquired the rights to publish a Macintosh version of a
DOS DOS (, ) is a family of disk-based operating systems for IBM PC compatible computers. The DOS family primarily consists of IBM PC DOS and a rebranded version, Microsoft's MS-DOS, both of which were introduced in 1981. Later compatible syste ...
-based application called ''Nutshell''. They named the Mac version
FileMaker FileMaker is a cross-platform relational database application developed by Claris International, a subsidiary of Apple Inc. It integrates a database engine with a graphical user interface ( GUI) and security features, allowing users to visu ...
and it soon became enormously successful. PowerPoint 1.0 was released in 1987 for the
Apple Macintosh Mac is a brand of personal computers designed and marketed by Apple Inc., Apple since 1984. The name is short for Macintosh (its official name until 1999), a reference to the McIntosh (apple), McIntosh apple. The current product lineup inclu ...
. 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 Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...
for $14 million (~$ in ). In May 1990, the first versions for Windows 3.0 were produced. Since 1990, PowerPoint has been a standard part of the
Microsoft Office Microsoft Office, MS Office, or simply Office, is an office suite and family of client software, server software, and services developed by Microsoft. The first version of the Office suite, announced by Bill Gates on August 1, 1988, at CO ...
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

Defunct software companies of the United States {{Microsoft-stub 1983 establishments in the United States Software companies established in 1983 Microsoft acquisitions