CNET News.com reports that Adobe Systems is officially joining the Web Office fray. It is expected to announce the acquisition of the start-up that has built the free Web word processor Buzzword.
Financial terms for the acquisition were not disclosed.
What sets Buzzword apart from other online word processors is the pagination - it allows people to get an accurate view of how a document will print out as the document is edited. It also has the ability to embed graphics, track changes and organize files.
At the same time, Adobe is scheduled to detail new initiatives such as a service code-named Share. Share allows users to collaborate with documents that can be embedded inside a Web page. One gigabyte of storage will be offered for free, though it is still in testing mode.
It is clear that the acquisition and Adobe's new initiatives are designed to step up its competition with Microsoft, the traditional king of productivity software. At the same time, it is striking preemptively at Web application providers like Google, while Web applications are still in their infancy.
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Paul Mah is a writer and blogger who lives in Singapore, where he has worked for a number of years in various capacities within the IT industry. Paul enjoys tinkering with tech gadgets, smartphones, and networking devices.