Is Google spending $106.5m to open source a codec?
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After acquiring On2's video compression codecs in a deal valued at approximately $106.5 million in stock, will Google simply turn around and open source them? It certainly looks that way. In both the press release and the blog post announcing the acquisition of On2, Google makes a point of saying that it believes "high-quality video compression technology should be a part of the web platform" - and that On2 is a means of achieving that goal.
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