Will Google's acquisition of the Company Creator Video Compression
Written By Unknown on Friday, 7 August 2009 | 00:14
In the midst of economic recession, Google still continues to akusisi. Funds around Rp 1 trillion, the company is based in Mountain View, California, U.S. to buy a company's video compression solution of On2 Technologies Inc..
On2 video compression technology developed so that files with the size at compression that can easily be sent via the internet. Technology is very important in the middle of the number of multimedia content on the internet.
"Video has become an important part of web services and we believe the video compression technology, high quality should be a part of the web platform," said Sundar Pichai, vice president of product management of Google.
acquires this is part of Google's strategy to strengthen its business in video services. Google has previously acquires YouTube worth 1.65 billion U.S. dollars (about Rp 16 trillion) in 2006.
Value offered by Google's acquisition of On2 Technologies of 106.5 million U.S. dollars. Google hopes the process can be completed takeovers in the fourth quarter of this year. (Kompas)
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