Linked by Thom Holwerda on Wed 5th Aug 2009 14:02 UTC, submitted by John Mills
Google "Google confirmed today that it plans to buy digital video compression outfit On2 Technologies in an all-stock agreement, valued at $106.5m. Mountain View said On2 shareholders will be handed 60 cents worth of Google class A common shares for each outstanding share they hold in the company. Clifton Park, New Jersey-based On2 employs around 60 staff. It started life as the Duck Corporation in 1992. On2's VP6 codec is licensed by Adobe, for its Flash Player and Flash Lite 3 for mobile phones. Other major customers include AOL, Freescale, Nokia and Sun Microsystems."
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by DOSguy on Wed 5th Aug 2009 17:34 UTC in reply to "HTML5"
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"it is quite certain that they will make VP6 an open standard and try to make it the HTML5 video codec."

I wonder if Google is really THAT keen on getting rid of flash. I mean... they are potentially gonna pay $106.5m for this. This strikes me as quite a lot of money for just that. Even for Google!
Another possibility might be that they are going to build their own kind of player, spread it free of charge and reap all the benefits of having a widely used player. For example to spread their adds and to gather viewer data.

Edited 2009-08-05 17:40 UTC

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