Google Strengthens It’s Video Offerings With the Purchase of On2
August 6th, 2009 by hbond{{chris}} 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
Don’t get me wrong I think Google conquers it eventually and we’ll still be googling things when everything is video based, but at this time they’re throwing good money after bad…bad being the YouTube deal
Should improve Youtube which will be a good thing. I love the new HD videos on Youtube.
You tube needs this badly, their level of compression makes their music sound so bad.
I love the new HD videos on Youtube but their level of compression makes their music sound so bad.