Canonical / Ubuntu, GNOME, and others have already jumped aboard with this effort. The details (though mostly press quotes) can be found in this press release or on the new web-site now at DocumentFoundation.org. Goodbye OpenOffice.org!
Michael Larabel is the principal author of Phoronix.com and founded the site in 2004 with a focus on enriching the Linux hardware experience. Michael has written more than 10,000 articles covering the state of Linux hardware support, Linux performance, graphics drivers, and other topics. Michael is also the lead developer of the Phoronix Test Suite, Phoromatic, and OpenBenchmarking.org automated benchmarking software. He can be followed via Twitter or contacted via MichaelLarabel.com.