Google has annouced it has bought a company called Writely that has a web-based Word Processor product.
After speculation that Google was going to integrate Open Office into it’s product offerings by web-enabling the office productivity suite, it now has it’s own web-based Word Processor. At this point it is unclear what Google’s plans are, although it is obvious it is looking to compete with Microsoft in an area that has for a long time been dominated by Microsoft Office.