Much of the buzz in the software-as-a-service (SaaS) arena lately has been the budding battle between Google and Microsoft, with Google’s lightweight Web-based applications offering an alternative to Microsoft’s ubiquitous Office productivity suite—a challenge Microsoft is not taking lightly, with the company now offering online collaboration features via Office Live Workspaces.
Now, it looks like software giant Adobe, mainly known for Acrobat and its applications aimed at high-end creative users (Photoshop, Illustrator, Flash, etc.), may be eyeing the SaaS sector: the company has just announced it has acquired Boston-based Virtual Ubiquity, makers of the Flash-based online word processor Buzzword.

