The story
Micrografx was founded in 1982 and was among the first companies to develop commercial graphics software targeting the nascent Windows platform. Its vector drawing application, originally released as In*A*Vision for Windows 1.0 in 1986, was renamed Micrografx Designer with version 2 in 1990 and became a widely used tool for technical illustration and diagramming.
In 1992, Micrografx acquired Roykore Inc and its ABC Suite, which included ABC Flowcharter and ABC Orgchart. The company expanded further in 1997 by acquiring AdvanEdge Technologies of Tualatin, Oregon and its process simulation software, Optima!, for $3.5 million. In 1999, the combined business process and diagramming products were consolidated and shipped as iGrafx v8.
By the mid-1990s, Micrografx competed directly with Corel for Windows graphics users. While CorelDRAW targeted graphics professionals, Micrografx's ABC Graphics Suite was positioned towards general business users.
Corel acquired Micrografx on 16 July 2001, integrating the graphics product line — including Micrografx Picture Publisher and Micrografx Designer — into the Corel portfolio. Micrografx Designer was continued as Corel Designer. The business process analysis products were subsequently spun out in 2003 as the separate company iGrafx.
From Wikipedia’s article on Micrografx, shared under CC BY-SA 4.0.4