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Video software maker On2 Technologies Inc said on Monday it settled legal challenges by shareholders who had sought to block its $106.5 million acquisition by Google Inc. On2 shareholders, unhappy with the price and terms of the acquisition, filed a...
Tags: Google Inc, on2 technology
The deal for $106.5m (£62.7) should be concluded later this year, subject to On2 shareholder approval. On2's technology helps shrink video files, allowing high definition images to be delivered over the internet. "We believe high quality video should...
Tags: Google Radio Automation, Google Gobbles, video compressing, online video, on2 technology, radio ad, stock deal, google buy, ad business, WideOrbit Inc.