Friday, March 10, 2006
Google Buys Web-Based Word Processing SoftwareGoogle has purchased the aptly-named Silicon Valley startup Upstartle. Upstartle is best known for it's web-based word processing software,
, which allows users to create documents online and share them with others.
The move puts Google in direct competition with Word software from Microsoft and signals the intention of Google to expand its reach into Microsoft products.
According to Bloomberg, while Microsoft is already testing small-business software that is delivered over the Internet, the company is not offering word processing software that is delivered using the Web.
While terms of the deal were not disclosed, it is my belief the four employees of Upstartle will be moving to a higher tax bracket in the near future.
By Jason Dowdell at 01:53 PM | Comments (0)