Open source, Web-based office suite takes on Google Docs, LibreOffice

A usable version of OX Text is scheduled to be released next month, with spreadsheet and presentation software coming later this year. OX Text will also be released in early April under the GNU General Public License 2 and Creative Commons. Open-Xchange will make money by selling a supported version to businesses.

OX Text can edit documents from Microsoft Word, OpenOffice, and LibreOffice. Open-Xchange CEO told the IDG News Service that 100 percent of Word documents’ formatting is preserved and that OX Text can edit about 80 percent of a Word document’s elements.

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