On2 Technologies
| 7:15PM 8/06/2009
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...
| 12:30PM 8/05/2009
Google (GOOG) is using its stock to buy video-compression company On2 Technologies (ONT) in a transaction valued at $106.5 million.
On2's stock will be converted to 60 cents worth of Google's common stock in a stock-for-stock transaction, the companies said in a press release today. That's a 57...