Google acquires DocVerse

By using DocVerse users can easily collaborate within Microsoft’s Word, Excel and PowerPoint desktop applications. The start-up was founded by two ex-Microsoft engineers in 2007.

Jonathan Rochelle, Google Apps group product manager, wrote in the official blog posting, "As we continue to improve Google Docs and Google Sites as rich collaboration tools, we’re also making it easier for people to transition to the cloud and interoperate with desktop applications like Microsoft Office. The future of productivity applications is in the cloud.

“We’ve always believed the Web is the best platform for creating and sharing information. DocVerse is a small, nimble team of talented developers who share our vision.”

Google spokeswoman refused to divulge any details regarding the price paid for the acquisition or the terms of the deal. However, The Wall Street Journal reported that Google paid around $25 million to acquire DocVerse.

Microsoft’s on Google’s latest stunt
Both Google and Microsoft have tried their best to outshine others and dominate the market.

However, Microsoft reacted like a good sport on Google’s new acquisition bid. Microsoft’s spokeswoman said in a released statement that Google's DocVerse deal acknowledges that "customers want to use and collaborate with Microsoft Office documents."

The statement further added that "businesses around the world" are using Microsoft's collaboration service, SharePoint, citing Coca Cola Enterprises, Kraft and Volvo as examples to built new services and tools.

Microsoft also made it clear that the company is still committed to launch Office 2010 next month.

Google on acquisition spree
DocVerse is the fourth acquisition by the Google in recent weeks and tenth in the last eight months.

Earlier in the month, Google acquired a photo-editing site Picnik, bought iPhone e-mail app ReMail. Google also completed previously announced purchase deal of On2 Technologies.

Earlier this month’s speculations were rife that Google will soon allow third-party apps vendors access to its apps framework so that they can develop software for its technology.

In 2009, Google went on to acquire display ad company Teracent, CAPTCHA test company reCaptcha and mobile display advertising firm AdMob.

Last year Google Chief Executive Officer Eric Schmidt outlined that the company will be purchasing only one company a month, though, it looks like soon Google might be purchasing more than one company a month.