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The company's first product, Foxit Reader, was released in 2004. Web, Windows, Mac, Linux, Android, iOS, Universal Windows Platform (UWS) PDF Compressor, Rendition Server, Digital Transformation Services, Maestro Server OCR Windows, macOS, Web, iOS, Android, and Chromebooks Products Product Nameįoxit PhantomPDF Standard, Foxit PhantomPDF Online, Foxit PhantomPDF Mac, Foxit PDF Reader Mobile (with optional in-product purchases)
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Acquisitions įoxit has grown organically and through several acquisitions.ĬVISION Technologies (merged with Foxit Software Inc.)įoxit has contributed to the evolution of ISO 32000 and ISO 19005 standards. The vast majority of its net profit is sourced from the United States. As of 2019, most of Foxit's software development has been taking place within China, while over 90% of its revenue was earned outside of China, in markets such as the United States, Europe, Japan and Australia. It also received RMB 13 million of Chinese government subsidies in 2019. Īs a technology company, Foxit is eligible to receive a reduced tax rate of 15% in China. According to Foxit's pre- IPO disclosures, it seeks to raise RMB 409 million (approximately USD 49 million). In June 2020, Foxit Software received permission to list in the Shanghai Stock Exchange STAR Market (the Sci-Tech Innovation Board). Before 2019, Amazon was an early investor and substantial shareholder of Foxit, once owning 12.38% of the latter's shares, before divesting in 2019 to make Foxit eligible for a simplified IPO process for domestic companies in China.
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In December 2015, Foxit went public on the Chinese over-the-counter market NEEQ. In 2009, Foxit Software Company incorporated as Foxit Corporation. Xiong (Chinese: 熊雨前), a Chinese national with permanent residence in the United States, to develop similar PDF software products to those from Adobe Systems and other PDF vendors, and offer them at lower prices. Foxit Software was founded in 2001 by Eugene Y.
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