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Google acquiring DocVerse – Collaboration Service

Google is currently closing an acquisition of San Francisco based “DocVerse,” a service that lets users collaborate in real-time sharing and editing of Microsoft Word, PowerPoint and Excel files by seamlessly plugging into Microsoft Office. DocVerse combines the benefits of web-based collaboration tools like Google Docs and Zoho with the power and familiarity of the world’s most popular productivity application, Microsoft Office. The deal is supposed to be priced around $25 million. DocVerse is a product Google is likely to keep. The company was founded by Microsoft veterans Shan Sinha and Alex DeNeui.

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