John Paczkowski

Recent Posts by John Paczkowski

Google Acquires On2 Technologies

acquisitionsGoogle’s acquisitive appetite has returned. This morning the company said it will acquire On2 Technologies, which develops video compression technology, for $106.5 million.

A stock-for-stock transaction, the deal will see each share of On2 exchanged for 60 cents worth of Google class A common stock. On2 shares closed at 38 cents Tuesday, so the company and its investors are presumably quite pleased with the deal.

As is Google (GOOG), which plans to use On2’s (ONT) advanced compression technologies to enhance YouTube and perhaps even make its own video infrastructure play.

“Today video is an essential part of the Web experience, and we believe high-quality video compression technology should be a part of the Web platform,” said Sundar Pichai, vice president, Product Management, Google. “We are committed to innovation in video quality on the web, and we believe that On2′s team and technology will help us further that goal.”


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik