Mobile e-mail company Remail is joining forces with Google, which means the end of its iPhone application. And On2 shareholders approve Google's increased offer for their company.
The Internet giant puts an extra 15 cents per On2 share on the table, increasing its offer to a value of about $133.9 million for the video compression company.
In SEC update, video compression software maker addresses key concerns about its proposed merger with the search giant. Company also sets date for related vote.
Lawsuit challenges the acquisition of the video-compression software company on grounds that it undervalues the company.
The search giant says it will take On2's technology and make it part of the Web platform.
Google is ponying up $106.5 million for video compression technology. Does it just want it to make YouTube cheaper to run, or does it have something grander in mind?
Google is working on a new technology called VP10 that will allow it to squeeze higher-quality video over broadband and mobile networks. And thanks to patent issues with a rival standard, it has a chance to catch on.
Andrew Pile has to make sure his service works with everything from phones to smart TVs, even as video-streaming technology constantly changes.
The company's technical prowess and free VP9 licensing haven't been enough to dent the fortunes of rival compression format HEVC. But Google's already moving on to VP10.
The computing industry has just begun taking the VP8 codec seriously, but Google wants people to adopt its brand-new successor.