Adobe has been long been associated with excellent graphics and design software,  but their latest move seems to be aimed at the everyday office, and not graphics and video professionals and enthusiasts.

The company has announced that it plans to acquire Virtual Ubiquity, a Massachusetts based company specialized in word processor development and other office applications. Virtual Ubiquity has developed Buzzword, an online word editor, and last year Google launched its Google docs.

Adobe stands to gain a lot from the deal, since the company's software is popular among a wide range of professionals using various platforms. A feature packed text processor which could potentially benefit from Adobe's Flash, PDF and image processing background, as well its large base of users.

Details of the plan are expected to be announced later today. Sources indicate that the company is planning a service called that will allows people to invite others to view and access documents stored by Adobe. The plan is similar to one announced by Microsoft over the weekend.

Rick Treitman, CEO of Virtual Ubiquity, told Cnet that Buzzword allowed users to get an accurate view of how a document will print out as the document is edited. It also has the ability to embed graphics, track changes and organize files. It is largely based around Adobe software anyway.

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