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Yukio Horie of the Tokyo Stationery Company invented a modern fiber-tipped pen in 1962. Highlighters and fine-line markers appeared in 1970's. Binney & Smith, who made Crayola, bought name âMagic Markerâ in 1989 and started selling improved permanent markers and highlighters.
History. The felt-tip pen was invented by Sidney Rosenthal in 1953. This inventor from Richmond Hill, New York, placed a felt tip on the end of a small, stout bottle of permanent ink and discovered that the resulting marks saturated a heavy, absorbent surface, yielding rich color and permanence.