Microsoft beat Apple to buy PowerPoint for $14M (2016)
Persuasion was better than Powerpoint in every way; but even when Adobe bought it from Aldus, it could not compete with "free" i.e. PP being part of Office, and did not last long in the 90's. Office also basically killed word processing innovation and spreadsheet innovation for a long time.Today almost no one remembers any of these types of apps that existed before Office. I remember since I was involved in several of them.