Mountain View, Calif.-based Google, which owns the popular video sharing site YouTube, says On2 shareholders will receive 60 cents worth of Google class A common shares for each outstanding share of On2 they hold. That represents a 57 percent premium to the Clifton Park, N.Y., company's closing price Tuesday.Source: NY Times
Google buys video compression firm
Posted on Wednesday, August 05 2009 @ 15:32 CEST by Thomas De Maesschalck