Now Software, then based in Portland, Oregon, was acquired by Qualcomm in 1997. At the time of acquisition, Qualcomm reported (based on data from the company and from industry research firm Softletter) that Now Software was the "71st-largest software company in the U.S. with close to two million users" of its products. Qualcomm also noted that Now Software's products had won high praise, "including Product of the Year, multiple Editor's and Reader's Choice honors and seven World Class Awards". In 1999, the intellectual properties of the original company, including the name, were acquired by Power On Software, which relaunched the company and name.