Google Acquires Another Company; DocVerse

Google continues on their shopping spree and this time they have acquired a company called DocVerse, whose software is working on allowing seamless interoperability between Google Docs and Microsoft Office. You can alread store and share Office files through Google Docs, but DocVerse adds the functionality of letting users collaborate directly on Office documents. Google Blog had the following to say about DocVerse:

DocVerse is a small, nimble team of talented developers who share our vision, and they've enabled true collaboration right within Microsoft Office. With DocVerse, people can begin to experience some of the benefits of web-based collaboration using the traditional Microsoft Word, Excel and PowerPoint desktop applications.

Those of you who already use DocVerse won't be affected, but for those who are seeking to sign up for a new account, you'll have to hold off until Google figures out how exactly they're going to incorporate the company into theirs. Microsoft was already moving Office to the cloud on their own anyway, now it'll be a bit more crowded than they'd thought. One thin is for sure though, even productivity software is fair game for the battle between the industry giants. Which products and which companies do you seem to prefer? Who do you think will come out on top? Share your thoughts and comments below.