Microsoft to Acquire Visio Corp.

REDMOND, Wash., Sept. 15, 1999 — Microsoft’s announcement today that it has agreed to acquire Seattle-based Visio Corp., the leading supplier of enterprise-wide business diagramming and technical drawing software, furthers Microsoft’s mission of increasing productivity for businesses large and small — and their knowledge workers — worldwide. Visio will become the Visio Division, operating within Microsoft’s Business Productivity Group led by Microsoft senior vice president Bob Muglia.

“Visio has been a pioneer in delivering unique diagramming solutions to business and enterprise customers and represents a strong addition to the Microsoft family of business products,” Muglia said. “Together, Microsoft and Visio will bring visualization and diagramming software to a broader range of people and will improve the way knowledge workers present their ideas.”

“We are very proud of the business that we’ve built by providing customers with creative solutions through cutting-edge diagramming software technologies,” said Jeremy Jaech, president and chief executive officer, Visio Corp. “As part of Microsoft, we plan to enhance the development and distribution of our innovative software to meet the needs of customers worldwide.”

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