Microsoft has announced pricing and availability for its revamped Office productivity suite with small firms able to pay $150 per year for the service.
The company said it will now tailor its subscription-based Office 365 suite for home and small business users. Prices for the new suites will start at a $100 markup starting 19 October.
"With this release, we're modernising Office, and an important part of that is the introduction of new subscriptions," Microsoft's Office Team said in a blog post.
"Subscriptions open a host of possibilities, and subscribing to Office 365 will be the best choice for many - especially families, people with multiple devices and small businesses."
Office 365 has been available to enterprise users for a little over a year. Microsoft originally launched professional and enterprise versions of the cloud-based productivity suite in June 2011.
This year's launch brings Office 2013 applications to the suite. For Home users Microsoft will offer Word, Publisher, OneNote, Outlook, Access, PowerPoint and Excel. Small business users will be granted all those applications and the added bonus of Lync.
The cloud capabilities of 365 allow users to use the suite on 5 devices. Usable devices include Macs, PCs, iOS, Android, and Windows Phone devices. Changes made on any subscription linked devices will be uploaded to a Microsoft storage cloud account where it can be edited later.
Home users will be given 20GB of SkyDrive storage with their account. Small business users will be granted 10GB of professional-grade cloud storage and a 25GB Outlook mailbox.
Small business users will also receive the added benefits of being able to host online meetings and website management for public sites.
Office 365 Small Business Premium will run $150 annually. While Office 365 Home Premium will be offered at $100 a year.
For users not wanting subscription-based offerings Microsoft will also offer Office 2013 in Home, Student, and Business flavors starting at $140.
When Microsoft originally released Office 365 for enterprise in 2011 consumers seemed uninterested in the cloud offering. Over 50 percent of V3 voters ruled that they were sticking with the traditional Office suite in a poll from June 2011.