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Adobe to acquire Virtual Ubiquity

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CIOL Bureau
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BANGALORE, INDIA: Adobe Systems has announced that it has signed a definitive agreement to acquire Virtual Ubiquity and its online word processor, Buzzword.

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Adobe said in a statement that this acquisition furthers its commitment to foster an ecosystem for rich Internet application (RIA) development that built on Adobe AIR.

Separately, Adobe added a new file sharing service to its current online document services. Codenamed “Share,” the beta service will make it easier for people to share, publish and organize documents online, an Adobe statement added.

“For over a decade, Adobe Acrobat software and PDF have been the standard way people share and collaborate on high value documents across platforms, with perfect fidelity. Buzzword will build on that leadership and enable fundamental improvements in how people collaborate on documents,” said David Mendels, senior vice president, Business Productivity Business Unit at Adobe.

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Buzzword, an online word processor, enables individuals to work together to create high quality, page perfect documents. Because it was built with Adobe Flex software and runs in the Adobe Flash Player, Buzzword enables greater document quality, typography, page layout controls, and robust support for integrated graphics, regardless of the browser or device.

The application also will run on Adobe AIR, offering users a hybrid online/offline experience and the ability to work with both hosted and local documents. The collaboration capabilities in Buzzword enable multiple authors to edit and comment on documents from anywhere, at anytime, while document creators can set permissions that virtually eliminate version control chaos.

The founders of Virtual Ubiquity will be joining Adobe. The acquisition is subject to customary closing conditions and is expected to close by the end of November 2007. Terms were not disclosed.

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