Entering late to the online software party will be Adobe Systems with their purchase of Massachusetts-based Virtual Ubiquity, Inc (http://www.virtub.com/), a software company building online business communication and productivity tools including the hyped “Buzzword” word processor.

According to Virtual Ubiquity, the main product offers an online and realistic version of a popular Word processor who’s main feature is WYSIWYP (What You See Is What Your Print). I’ll certainly be looking forward to what Adobe does with this product and just how fast they can turn it around and add like-minded products now that the staff and money will be there to back it up.

Google is very far along in this market, but the alleged quality of the Buzzword product might mean that being late doesn’t mean being out.