Adobe enters Online Office market with acquisition of Buzzword

Adobe , most popular for its PDF or Portable Document Format might make an attempt at online document collaboration and exchange.

Adobe is expected to announce a service code-named Share for the same.

The company behind Buzzword ,Virtual Ubiquity is partly funded by Adobe as part of venture fund to promote Flash and Adobe Integrated Runtime apps.

Adobe plans to offer for free and paid version of its online services.

Google Docs and Office Live Workspace (which Microsoft is expected to announce shortly)

via News.com

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