The newest iteration of the Microsoft productivity suite will be available to users in June of next year. One of the most interesting aspects of the new version, will be the release of an online version of the software. This puts Microsoft into a market that Google has already established itself in, but the functionality typically available in the Microsoft versions could put it over the top. The applications will all be free, and users can launch them from their Windows Live portal. However, the online versions won't be as full featured as the full desktop versions. In addition, corporate customers can even deploy the web version on their own servers.