Adobe and Buzzword

Adobe acquired Virtual Ubiquity mainly because of its online word processor, Buzzword.  Buzzword is a flash-based RIA which competes with Google docs.  As you have probably heard, Microsoft has also announced their plans for what they call "Office Online" (creative name, by the way!).  So the market for web-based documents is certainly getting hotter.  This acquisition is a surprise because Adobe was not in this market, although Buzzword makes sense to Adobe being a flash-based technology.  You can find a detailed account of Buzzword here:

http://blogs.zdnet.com/SAAS/?p=393