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Adobe Systems has acquired Virtual Ubiquity, the parent company of the Buzzword web-based word processing software. Buzzword was built using Adobe Flex and runs in the Adobe Flash Player, making it a logical fit for the software company. Additionally, users can use Buzzword both online and offline using Adobe AIR. Much like Google Docs and Zoho, Buzzword also includes features for collaboration and sharing documents.
The founders of the company will be joining Adobe as part of the deal. Financial terms were not disclosed.