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Rumors have always floated faster than facts and especially when its Google and Microsoft, the news is bound to travel with a lightning speed. It seems that Google is getting lazier and more likely a spend thrift as it continues its acquisition ride spending millions of dollars. I am talking about the recent headlines where the search giant Google is close to buying San Francisco-based DocVerse for around $25 million, a rumor brought to light by Tech Crunch.

DocVerse was founded by Shan Sinha and Alex deNeui who are both former Microsoft product strategist. It is a plugin that allows users to do real-time collaboration in Microsoft Word, Power Point and Excel files.  It allows for constant saving of versions, syncing between the involved parties and more. In simple words it allows users to work together around Microsoft Office documents.

Microsoft is making efforts to get more online with its Office 10 thus escalating its competition with the Google Docs. Hence Google seems to be planning a counter attack with its new deal. But its worth a notice how Google is expanding its horizons taking an easier route by investing from its large pool of finances. Quite evident from the past announcements where the search engine giant spent $750 million on AdMob, is discussing $500 million with Yelp, $250 million with Trulia and now this.

Well Google is massive in all terms and as it slowly moves forward with acquisitions and deals, it is surely expected to touch the zenith of unmatched glory and success in the industry.

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Image source: Docverse