Google on Friday said it has bought startup DocVerse in a move that escalates the Internet giant’s battle with Microsoft in the arena of applications being offered online as services.
DocVerse is “a small, nimble team of talented developers who share our vision and they’ve enabled true collaboration right within Microsoft Office,” Google Apps team product manager Jonathan Rochelle said in a blog post.
Google will use DocVerse technology to improve Google Docs, word processing software that is part of a suite of programs the California firm hosts online as free services “in the cloud.”
The online applications are competition for packaged programs such as Word, PowerPoint, and Excel sold by Microsoft.
“The future of productivity applications is in the cloud,” Rochelle said.
“So 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,” he said.
Google did not disclose financial terms of the DocVerse purchase, but various reports put the price at US$25 million.
“We fundamentally believe that Google is one of the best positioned companies to truly disrupt the world of productivity software,” DocVerse founders Shan Sinha and Alex DeNeui said in a blog post.
The former Microsoft workers founded DocVerse in 2007.
“Our first step will be to combine DocVerse with Google Apps to create a bridge between Microsoft Office and Google Apps,” Sinha and DeNeui said.
The DocVerse acquisition came on the heels of Google’s announcement on Monday that had bought Picnik.com, a Web site that allows users to edit and store photos online.
AI SERVER DEMAND: ‘Overall industry demand continues to outpace supply and we are expanding capacity to meet it,’ the company’s chief executive officer said Hon Hai Precision Industry Co (鴻海精密) yesterday reported that net profit last quarter rose 27 percent from the same quarter last year on the back of demand for cloud services and high-performance computing products. Net profit surged to NT$44.36 billion (US$1.48 billion) from NT$35.04 billion a year earlier. On a quarterly basis, net profit grew 5 percent from NT$42.1 billion. Earnings per share expanded to NT$3.19 from NT$2.53 a year earlier and NT$3.03 in the first quarter. However, a sharp appreciation of the New Taiwan dollar since early May has weighed on the company’s performance, Hon Hai chief financial officer David Huang (黃德才)
The Taiwan Automation Intelligence and Robot Show, which is to be held from Wednesday to Saturday at the Taipei Nangang Exhibition Center, would showcase the latest in artificial intelligence (AI)-driven robotics and automation technologies, the organizer said yesterday. The event would highlight applications in smart manufacturing, as well as information and communications technology, the Taiwan Automation Intelligence and Robotics Association said. More than 1,000 companies are to display innovations in semiconductors, electromechanics, industrial automation and intelligent manufacturing, it said in a news release. Visitors can explore automated guided vehicles, 3D machine vision systems and AI-powered applications at the show, along
FORECAST: The greater computing power needed for emerging AI applications has driven higher demand for advanced semiconductors worldwide, TSMC said The government-supported Industrial Technology Research Institute (ITRI) has raised its forecast for this year’s growth in the output value of Taiwan’s semiconductor industry to above 22 percent on strong global demand for artificial intelligence (AI) applications. In its latest IEK Current Quarterly Model report, the institute said the local semiconductor industry would have output of NT$6.5 trillion (US$216.6 billion) this year, up 22.2 percent from a year earlier, an upward revision from a 19.1 percent increase estimate made in May. The strong showing of the local semiconductor industry largely reflected the stronger-than-expected performance of the integrated circuit (IC) manufacturing segment,
COLLABORATION: Softbank would supply manufacturing gear to the factory, and a joint venture would make AI data center equipment, Young Liu said Hon Hai Precision Industry Co (鴻海精密) would operate a US factory owned by Softbank Group Corp, setting up what is in the running to be the first manufacturing site in the Japanese company’s US$500 billion Stargate venture with OpenAI and Oracle Corp. Softbank is acquiring Hon Hai’s electric-vehicle plant in Ohio, but the Taiwanese company would continue to run the complex after turning it into an artificial intelligence (AI) server production plant, Hon Hai chairman Young Liu (劉揚偉) said yesterday. Softbank would supply manufacturing gear to the factory, and a joint venture between the two companies would make AI data