ThinkFree and EditGrid announce online spreadsheet partnership
And now, the company announces a strategic partnership with Hong Kong-based EditGrid to deliver a very potent set of options for online spreadsheet creation, editing, and collaboration. From the press release:
ThinkFree and EditGrid Deliver "Quick Edit" Capabilities For Spreadsheet Document
San Jose, Calif. (June 5, 2007) - ThinkFree, Inc., developer of the first online office productivity suite, and Team and Concepts Limited (TnC), a recognized leader in spreadsheet development for collaboration and data integration, today announced a partnership that integrates the popular EditGrid spreadsheet application with the growing capabilities of the free full-featured Internet office suite ThinkFree Online. The agreement with Hong Kong-based TnC allows ThinkFree to replace its current Quick Edit Calc with the more advanced EditGrid. The deal includes a revenue-sharing agreement between the two companies.
In replacing Quick Edit Calc with EditGrid, ThinkFree is able to provide the most advanced real-time collaboration spreadsheet on the market.
With the integrated solution, ThinkFree users will be able to collaborate on spreadsheets simultaneously and see changes happen in real-time. The Remote Data feature provides access within the spreadsheet to external data - if users need instant updates on stock prices within a stock portfolio worksheet for example, that data can be updated continuously, and any charts or graphs reflect those changes.
Power Edit Calc - used for more complex functions and offering the highest level of compatibility with the look and feature set of Microsoft Excel - will continue to be developed by ThinkFree.
"We feel that by combining ThinkFree 's understanding of Microsoft Office compatibility with our knowledge of collaboration and integrating outside data sources or Web services, we will create a real force in the online productivity market, " commented David Lee, chairman and co-founder of TnC."
"EditGrid is a hot product. We feel fortunate to have started this relationship at the beginning of what will be a tremendous growth period for TnC," said ThinkFree Founder and CEO TJ Kang. "It would have taken us longer to develop the capabilities they currently have, so we decided to create a mutually beneficial partnership that will deliver better productivity tools for all of our users. We also envision that the relationships TnC has developed in China will aid our expansion into that market."