Google users will soon have an online editing option, spreadsheet to powerpoint. By making an online editing tool available to Google users, the internet giant is ruling out the need to install / buy Microsoft office software.
Google is on an acquisition spree as it bought yet another start-up venture on Friday --DocVerse, a group editing tool for Microsoft Office-- for 25 million USD.
The 3-year-old DocVerse is Google's fourth buy since Feb. 12. The software will now allow google users to edit MS office files online. Google is apparently stepping up its fight against rival Microsoft.
By making an online editing tool available to Google users, the internet giant is ruling out the need to install / buy Microsoft office software. Online word-processing and spreadsheet software is likely to be far more user friendly and advanced than the traditional Microsoft Office versions, say sources. Google will make DocVerse's technology part of its Google Apps, Mr. Rochelle said, allowing users who upload Microsoft files into Google storage to edit and collaborate on them. Google also made the software, which carried fees for some types of usage, free and temporarily suspended new sign-ups. DocVerse was founded two and a half years ago by two former Microsoft employees, Shan Sinha and Alex DeNeui. The company has raised about $1.5 million in venture financing from Baseline Ventures and others. In addition to allowing people to do things like edit PowerPoint slides online, it also allows users to comment on documents online and display those comments visible to other users.