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Search giant enters into definitive agreement to buy On2 for $106.5 million in stock.
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Read more.Quote:
Search giant enters into definitive agreement to buy On2 for $106.5 million in stock.
That would be one hell of an investment for them. Are Google possibly looking into some IPTV distribution? An integration of that into their new Linux OS which has been proposed would be very very intresting.
ON2 is, of course, the producer of the VP6 codec was, until H.264 support came to flash, the best flash video format we had (far better than Sorenson squeeze, even if that was more 'open').