April 18, 2011 – Oracle is shifting its OpenOffice business intelligence and office production suite to development through the open source community, a move two outside analysts see as related to managing development costs.

Oracle stated in a news release it would no longer offer a commercial version of the office software suite, which contains capabilities for word processing, spreadsheets, presentations, graphics and databases. Instead, OpenOffice will become a community-based development project, with strong support for open standards document formats like Open Document Format (ODF), said Edward Screven, Oracle chief corporate architect in a news release.

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