Google Buys Tonic Systems, New Presentation Software Expected In Summer
April 20th, 2007 | 1,295 Views RSS Feed
Google has announced the acquisition of Tonic Systems, a San Francisco based company which provides Java presentation automation products and solutions for document management. The acquisition is important given that Google has recently declared its intention to offer an online presentation tool, which will provide an alternative to Microsoft PowerPoint. This will complete the trinity of Google Docs & Spreadsheets.
According to the Official Google Blog, Tonic Systems has “some great technology for presentation creation and document conversion, and it will be a great addition as we add presentation sharing and collaboration capabilities to Google Docs & Spreadsheets.”
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April 21st, 2007 at 2:40 am
[…] Google’s hiring grew by 15% to 12,238. To add to the company’s only significant source of revenues, Google has lately been investing heavily in new ventures. It has only recently acquired DoubleClick for $3.1bn, Tonic Systems and struck a deal with Clear Channel for radio ads. […]