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-Google has [acquired Zenter][1], an online slideshow maker that has largely flown under the radar. Zenter is actually the second slideshow related software that Google has swallowed in recent months, the first being Tonic Systems.
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-Zenter is largely a front end application focusing on presentation and sharing features, while Tonic is is a back end app which can convert Powerpointfiles into Java documents.
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-Together the acquisitions pave the way for the missing link in Google Docs -- a Powerpoint competitor.
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-Though no firm dates have been revealed, look for the new features to be added to a "Presentations" apps in Google Docs & Spreadsheets sometime soon.
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-Now the Google has all the pieces in place Google Docs looks, to be ready to take on Microsoft Office -- especially for those consumers that want online functionality in their office suite, something Office 2007 largely lacks. 
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-However, as Om Malik over at GigaOm [points out][2], Google needs to work on the integration between the various Google Docs components before it's ready to hit primetime. Thus far Google docs lacks the cohesion of a true "suite."
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-The closest competitor in the online market is undoubtedly Zoho, which offers similar tools, but thus far lacks the email integration of GMail (Zoho Mail is currently a private beta).
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-[1]: http://googleblog.blogspot.com/2007/06/more-sharing.html "More sharing"
-[2]: http://gigaom.com/2007/06/19/enter-zenter-google-office-is-now-complete/ "Enter Zenter, Google Office is now complete"
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