ONT

Why would Google (GOOG) would want to buy On2 Technologies (ONT)? To give it a chance to leapfrog Microsoft's Windows Media player and Adobe's Flash Player. The companies announced Wednesday that Google would buy On2 for $106.5 million in stock. Since On2's video compression technology is two...

Perhaps it was best that Google (GOOG) CEO Eric Schmidt left the Apple (AAPL) board last week. Google immediately announced that it would buy On2 (ONT), a video compression company, a possible threat to Apple's Quicktime media player franchise. Now Google is preparing to challenge Apple in the...