Report: Google buying DocVerse |
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Report: Google buying DocVerse
Another day, another report of a possible Google acquisition with potential implications for Microsoft.
TechCrunch is reporting today that the search giant is close to buying San Francisco-based DocVerse for around $25 million. The collaboration service that works in conjunction with Microsoft Office documents. DocVerse was founded by two Microsoft veterans, Shan Sinha and Alex DeNeui.
If the deal happens, it's the latest sign of escalating competition between Microsoft and Google in productivity applications. Google has been making headway with its Google Docs online word-processing, spreadsheet and presentation service -- which Microsoft will seek to counter with Microsoft Office Web Apps, debuting next year along with the next version of the Office suite.
Earlier this week, TechCrunch reported (and the New York Times confirmed) that Google was in acquisition discussions with local business directory and review site Yelp.
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