Both The Verge and ZDNet are independently reporting that Microsoft will finally launch Office for iPad at the end of this month on March 27th, according to sources. According to The Verge, the suite will (unsurprisingly) be very similar to the Office app already on the iPhone App Store.

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The interface will reflect the iPhone layout and graphical style, with full document creation and editing support for Word, PowerPoint and Excel. According to the report, Office for iPad will require an Office 365 subscription to function.

Mary Jo Foley of ZDNet says that the Office 365 subscription tiers will be expanded to incorporate iPad licenses.

The recently-announced Microsoft Office 365 Personal subscription — which allows users to install Office on one PC or Mac, plus one tablet — is expected to add iPads as one of the supported tablet types. (Right now, “one tablet” means “one Windows tablet,” only.)

Earlier today, Microsoft released OneNote for Mac for the first time. A full rework of Office for Mac is also expected later in the year.

Here’s a reported look at the homescreen:

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