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Adobe may not be that worried, but this is the first kind of compitetion in its field in ten years.
Adobe may not be that worried, but this is the first kind of compitetion in its field in ten years.
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"I'm surprised Microsoft has let Adobe own this space as long as they have," said Paul DeGroot, lead analyst for research firm Directions on Microsoft. "Something like 80 percent of the world's business documents are created in Microsoft's .doc format. But when people need to exchange documents, there's no compact, easy-to-download, secure way to exchange them and preserve all the fonts and formatting and layout. The requirement for this kind of format was obvious to Adobe 10 years ago, and they capitalized on it."