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Thread: Google Acquires Video Compression Technology Company On2 For $106 Million

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    Google Acquires Video Compression Technology Company On2 For $106 Million

    Google and On2 Technologies jointly announced today that they have entered into a definitive agreement under which Google will acquire On2, a developer of video compression technology. The acquisition is expected to close later this year. On2 markets video compression technologies that power high-quality video in both desktop and mobile applications and devices and also holds a number of interesting patents.
    Google Acquires Video Compression Technology Company On2 For $106 Million
    "I just remembered something that happened a long time ago."
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    What does Google want with a compression company other than Youtube?
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    Quote Originally Posted by IceBox View Post
    What does Google want with a compression company other than Youtube?
    I'm thinking that they could use this for expansion of googlevoice with the VP7 codec to compete more with skype. This is also a smart business move as skype could now be forced to pay licensing fees to the competition in order to continue using it. Also, the VP8 codec could be used in further expansion of googlevoice to include more advanced interfacing with mobile devices/phones.
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    Perhaps incorporate in their forthcoming OS but anonftw 's idea is better
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