| Google takes aim at Microsoft with DocVerse acquisition |
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| Friday, 05 March 2010 15:13 |
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SAN FRANCISCO (Reuters) – Google Inc stepped up its assault on Microsoft Corp’s productivity software business with the acquisition of a small start-up company that allows Microsoft users to edit their documents on the Web.
Google said on its company blog on Friday that it has acquired San Francisco-based DocVerse. Terms of the deal were not disclosed.
“With DocVerse, people can begin to experience some of the benefits of web-based collaboration using the traditional Microsoft Word, Excel and PowerPoint desktop applications,” Google Product Manager Jonathan Rochelle said in the blog post.
Google is trying to lure users to its Web-based productivity software, known as Google Docs, which competes with Microsoft’s dominant Office software package.
The DocVerse deal is Google’s second acquisition announcement this week, and represents the company’s fourth acquisition in less than four weeks.
San Francisco-based DocVerse was founded in 2007 by a pair of former Microsoft managers, according to its Web site.
According to a report in the AllThingsDigital blog, citing unnamed sources, the price of the deal was between $25 million and $30 million.
(Reporting by Alexei Oreskovic; Editing by Tim Dobbyn) Read the original: |
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