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Google to buy video compression company On2, could help cut costs for YouTube

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Google to buy video compression company On2, could help cut costs for YouTube Posted: Aug 5, 2009 8:56 PM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: Google to buy video compression company On2, could help cut costs for YouTube
Feed Title: Simple Thoughts - Java and Web Technology Blog
Feed URL: http://tech.gaeatimes.com/index.php/feed/
Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.
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Video-compress tech could help lower YouTube costs MOUNTAIN VIEW, Calif. — Google Inc. said Wednesday it is buying On2 Technologies Inc., a provider of digital video compression technology, giving the Internet search leader a way to cut costs for its popular video-sharing site YouTube. The all-stock deal valued at $106.5 million gives Google access to technology that [...]

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