Google, which is currently on one heck of a spending spree. , is closing an acquisition of San Francisco based DocVerse. , a service that lets users collaborate around Microsoft Office documents, we've heard from a source with knowledge of the deal. The purchase price is supposed to be around $25 million. Docverse lets users collaborate directly on Microsoft Office documents. Appjet, another recent Google Acquisition. , has a related product called EtherPad. , although that team is reported to be working with Google Wave and the EtherPad source code has been released. to the community. DocVerse is a product Google is likely to keep. The company was founded by Microsoft veterans Shan Sinha. and Alex DeNeui. Shia drove product strategy for SharePoint and SQL Server, $1.6B and $3.0B products, respectiveley. DeNui ran Microsoft SQL Server’s web strategy.
Google To Acquire DocVerse; Office War Heats Up
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