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PowerPoint was initially developed in 1984 by Forethought, Inc., Sunnyvale, California, for the Macintosh computer. In 1987, Forethought was bought by Microsoft and became Microsoft's Graphics Business Unit, which continued to further develop the software.

http://en.wikipedia.org/wiki/Power_point

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Q: What applicaiton software company did Microsoft acquire in 1987 that dveloped and marketed PowerPoint?
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