Update: Google has confirmed the purchase of Upstartle, the makers of Writely.
So you all know that Google’s got designs for a G:Drive and doing an end run around Microsoft? Now what if you can simply store and save data on that drive, but that’s not clearly as much fun. What if you could write a document in a browser, much like you write on Microsoft Word, but then save it directly to the G:Drive? That would increase the utility of G:Drive tremendously. Maybe that explains why Google is rumored to be in talks with Writely, a browser-based document processing application, for a possible acqusition.
Writely, is the first product of Upstartle, LLC. (More on them here.) Writely is one of the Business 2.0 Next Net 25 companies. The pending deal has been making the rounds in the Valley today. I picked up this very strong rumor from fairly reliable sources, when visiting the money corridor (aka Sand Hill Road) this morning. Now I am still waiting to hear from Google and Writely about the rumors, and will treat this chatter as just that, unless of course I hear otherwise from the two companies.
Now buying Writely is in line with Google thinking of using browser for everything. I mean an online word processor, and online excel spread sheet make a lot more sense than making people switch to OpenOffice. Anyway will update the story later when I hear from the two respective companies.