Here is are some facts about this amazing document editing component:
1. Written from pixel up based on OOXML standards established by Microsoft itself.
2. Near 100% compatible with all major file formats.
3. User experience similar to MS.
4. Collaboration experience similar to Google Docs.
5. Used by SAAS companies as an alternative to MS Online - no more enforcing MS licenses onto their customers.
6. Can be white labeled.
7. Can be extended and customized.
8. Can be self-hosted.
9. Available in different languages.
10. AGPL 3.0 open source license