Microsoft is holding a press conference on March 27th and Satya Nadella will be speaking at the event; the invitation says that the news will be related “to the intersection of cloud and mobile.” The event will kickoff at 10am Pacific time and is scheduled to run for one hour; we will be posting the live stream when it goes up.

That’s all we know for now and with the event happening just a few days before Microsoft’s BUILD conference kicks off; the timing does make us a bit curious as to what will be announced.

Interestingly, Mary Jo Foley believes that the conference may be related to Office on the iPad and considering that she has a strong record in this area, we would take her word for it.

If Office does finally arrive on the iPad, it will come after many rumors about its release but seeing how OneNote was released for OS X today, this could finally be the day that Office arrives on iOS.