Visio Corporation
| Company type | Public (until 2000) |
|---|---|
| Industry | Software |
| Predecessor | Axon Corporation |
| Founded | May 1, 1989 in Seattle, Washington, United States |
| Founder | Jeremy Jaech, Dave Walter, Ted Johnson |
| Defunct | January 7, 2000 |
| Fate | Acquired by Microsoft |
| Headquarters | Seattle , United States |
| Products | Visio (diagramming software) |
| Parent | Microsoft (from 2000) |
Visio Corporation was a software firm headquartered in Seattle, primarily recognized for its diagramming software, Visio. After its acquisition by Microsoft in 2000, the application has been marketed as Microsoft Visio.
History
The company was established on May 1, 1989, under the name Axon Corporation by former Aldus Corporation executives Jeremy Jaech, Dave Walter, and Ted Johnson. Its initial mission centered on creating a diagramming solution. In November 1992, after rebranding to Shapeware, it introduced its inaugural product, Visio.
Visio 4.0, launched on August 18, 1995, was among the earliest programs tailored specifically for Windows 95. Later that same year, Shapeware changed its name to Visio and went public on November 9, with shares listed under the symbol VSIO.
On January 7, 2000, Microsoft completed the acquisition of Visio through a stock transaction valued at roughly $1.5 billion, offering 0.45 Microsoft shares for each Visio share. This deal represented Microsoft's largest acquisition until it acquired aQuantive.
External links
- Articles with short description
- Defunct software companies of the United States
- Defunct companies based in Seattle
- Software companies established in 1989
- Software companies disestablished in 2000
- 2000 mergers and acquisitions
- 1989 establishments in Washington (state)
- 2000 disestablishments in Washington (state)
- 1995 initial public offerings
- Companies formerly listed on the Nasdaq