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There can be no doubt why Google has acquired Zenter, one of many tools for creating online slideshows and presentations.
The site hadn't entered private beta (there was an "enter your email" form on the homepage), but clearly the name will now be dropped, and the features and team amalgamated into Google's upcoming Powerpoint challenger. It's the same thing they did with Writely, which eventually became the cornerstone of the oddly named Google Docs and Spreadsheets.