Software giant Microsoft is planning to bring its immensely popular Office productivity software suite to Apple's iPad tablet device.

According to a report on iPad only newspaper The Daily, Microsoft is ‘actively working' to bring the software to the iPad.

The move could be the next logical thing for Microsoft to do considering the dominant position the iPad has in the tablet market and the popularity of Microsoft Office. The Office would be a success on the iPad for sure, but it would also mean that Microsoft would have to share the revenue with Apple as well.

The Daily speculated that the stand-alone Office apps will be available at a significantly lower cost, around the $10 price point set by Apple for its Pages, Keynotes and Numbers apps.

It is also expected that Microsoft would make the apps compatible with Office 365, Office for Mac and Office Hub platform that comes with Windows Phone 7 devices.

Microsoft is also planning to launch a new version of Office designed for Apple's Mac OS X Lion platform, which would be launched sometime next year.