Chemaxon
Chemaxon () is a cheminformatics and bioinformatics software development company, headquartered in Budapest with 250 employees. The company also has offices in Cambridge, San Diego, Basel and in Prague. and it has distributors in China, India, Japan, South Korea, Singapore, and Australia. History Chemaxon was founded in 1998 by two brothers, Ferenc and Péter-Csizmadia. The company name was created by combining the words chem, indicating chemistry, and axon referring to a vast network of connections between the scientific and informatic domains. Initially, Chemaxon offered consultancy services and later moved into product development. As a startup company, Chemaxon had strong ties with local universities engaged in software development projects with PhD students. Emerging technologies and software languages were studied, and as a result, a platform-independent back-end product line reliant on Java started to come together. The first Chemaxon software product was Marvin, a chemical editor. Its first version was released in January 1999. Marvin was followed by the development of the JChem technology, adding chemical intelligence to common database management systems with the first release in early 2000 and providing the first company sale that same year. Chemaxon's first software developments were presented in scientific articles and posters presented in cheminformatics