Adobe Systems to buy Virtual Ubiquity of Waltham, the creator...

Adobe Systems Inc., a company best known for software used to edit photos and digital media, yesterday served notice that it plans to compete in the increasingly crowded business software field with the purchase of a Waltham firm that makes an online word processor.

The acquisition of Virtual Ubiquity, an 11-person company that created the Buzzword authoring and collaboration program, using Adobe development tools, is part of a larger Adobe push to roll out an integrated suite of productivity software for small and mid-size companies.

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