Web 2.0: Web Office Suites - UPDATE

Google has just announced the acquisition of Zenter, which combined with their April purchase of Tonic Systems points to Google making their stated goal of:

adding presentation sharing and collaboration capabilities to Google Docs & Spreadsheets sometime this summer.

Tonic has developed technology for presentation creation and document conversion and Zenter software for creating online slide presentations.

Expect some sleepless nights in Redmond.