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Google Drinks Tonic, Readies Presentations

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Google added another piece to their Frankenstein-ish productivity suite by acquiring Tonic Systems for its technology, which will allow Google to add a PowerPoint competitor to its Docs & Spreadsheets product. Hold the blog posts, it's not really a PowerPoint competitor. Just ask Google CEO Eric Schmidt, who told that to Web 2.0 Expo attendees, as As

First of all, we want to welcome the team from Tonic Systems to Google. Tonic, which we've just acquired, is based in San Francisco and Melbourne, Australia. They have some great technology for presentation creation and document conversion, and it will be a great addition as we add presentation sharing and collaboration capabilities to Google Docs & Spreadsheets.
Google offers its productivity software for free online. Microsoft is rumored to have a similar version of Office in the works for the web. We aren't sure if that will ever happen, considering how Office is one of Microsoft's main revenue sources. To compete with Google, Microsoft is almost forced to make those applications free, or bundle them with existing offerings like

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