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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.
In Australia, the term marker usually refers only to large-tip markers, and the terms felt-tip and felt pen usually refer only to fine-tip markers. Markers in Australia are often generically called texta, after a brand name of a type of permanent marker.