Google has announced it’s acquisition of On2 Technologies – a leading developer of video compression technology.
Google is always on the march to improve it’s position in all areas of content. Video is one of those areas that continues to grow in popularity. Recently Google added HD content to YouTube and they can certainly benefit from stronger video compression. The On2 acquisition will help them obtain that technology and bring even better video services to the general public.
I’m looking forward to seeing what comes of this new $106 million dollar deal!
Read More: Google to Acquire On2 Technologies
