Google snaps up Jotspot

Google is on a massive buying spree. After snapping up YouTube less than a month ago, they have gone ahead and bought Jotspot, the online Wiki company. Though this deal will be lesser than what they paid for YouTube, nevertheless, it clearly indicates Google's growth and expansion policy. They definitely are moving ahead rapidly in the Office 2.0 space and the Software as a Service model (SAAS) will not be far from reality. This is going to be an interesting battle with Microsoft pitching for its Office/Vista 2007 versions and Google luring away more and more customers to a free online platform.

The battle has just begun !

-- Thyaga