Presently is a play on Writely, the name of the online document editor Google acquired last year and combined with an online spreadsheet to create Google Docs & Spreadsheets.

The news comes amid speculation the search engine giant is in acquisition talks with online Office clone ThinkFree - one of the most well rounded and fully featured Office-like online suites available. It also puts greater pressure on Microsoft to make its flagship Office suite available online. Microsoft's Office Live service is not actually Office applications such as Word and Excel online, but rather a service offering web space and collaboration tools.{moscomment}

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