Writely is now 'Google Writely'

One day it is a rumour the next day the rumour gets confirmed. It is confirmed that Google has bought a online word editing and collaboration suite called Writely. Just to recap on Writely: - What does Writely do? Writely allows you to edit documents online with whomever you choose, and then publish and blog them online. What exactly can I do with it? You can: * Upload Word documents, OpenOffice, RTF, HTML or text (or create documents from scratch). * Use our simple WYSIWYG editor to format your documents, spell-check them, etc. * Invite others to share your documents (by e-mail address). * Edit documents online with whomever you choose. * View your documents' revision history and roll back to any version. * Publish documents online to the world, or to just who you choose. * Download documents to your desktop as Word, OpenOffice, RTF, PDF*, HTML or zip. * Post your documents to your blog. So where all can we use Writely integrated? I see that it can be integrated with Gdrive, Gmail and as a stand alone app by itself. Google is becoming mightier. Looking forward to seeing Writely integrated with Google Services. Update: in the title I had 'not' instead of 'now' before, so changed that.