Google Grabs DocVerse, aka Google Docs for Microsoft Office
Google has gobbled up another small productivity company with todayÃ¢â‚¬â„¢s purchase of DocVerse, a plug-in that makes Microsoft Office software collaborative. The only surprise about this latest acquisition, perhaps, is that its founders didnÃ¢â‚¬â„¢t previously work at Google. Word of the deal was first reported in December by TechCrunch, and today the Wall Street Journal pegs the price at $25 million.
Buying DocVerse is an obvious shot at Microsoft, given the product was exclusively designed for Office, and the company was founded by ex-Microsoft employees.
Read more: gigaom.com