Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
On2 Technologies
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== History == While known by the name ''The Duck Corporation'', they developed TrueMotion S, a [[codec]] that was used by some games for [[full motion video]] (FMV) sequences during the 1990s. The original office of the Duck Corporation was founded in New York City by Daniel B. Miller, Victor Yurkovsky, and Stan Marder. In 1994 Duck opened its first "satellite" engineering office in Colonie, NY under the management of Eric Ameres. Miller became CEO of newly renamed On2 Technologies until Doug McIntyre was hired in late 2000, when Miller resumed his role as CTO. CEO's after McIntyre included Bill Joll and Matt Frost. After Miller's departure in 2003, newly promoted CTO Eric Ameres moved the primary engineering office to upstate NY's capital region.<ref>{{Cite web|url=https://www.seattlepi.com/business/article/Google-buys-little-known-video-technology-company-1305555.php| archive-url=https://web.archive.org/web/20180630011638/https://www.seattlepi.com/business/article/Google-buys-little-known-video-technology-company-1305555.php| archive-date=2018-06-30|title=Google buys little-known video technology company|last1=Churchill|first1=Chris|last2=Union|first2=Albany Times|date=2009-08-06|website=seattlepi.com|access-date=2018-12-12}}{{cbignore}}</ref> Ameres later departed in 2007 to pursue other research as part of the opening of the Experimental Media and Performing Arts Center (EMPAC) at his alma mater, Rensselaer Polytechnic Institute (RPI). After Ameres' departure in 2007 Paul Wilkins served as co-CTO with Jim Bankoski. Wilkins was founder of "Metavisual" which was acquired by On2 in 1999 to bring the VP3 codec to market. The VP3 codec became the basis of On2's future codecs as well as the basis of the open source [[Theora]] video codec. In 1995, The Duck Corporation raised $1.7 million in venture funding from Edelson Technology Partners. In 1997, they raised an additional $7 million in a venture round primarily financed by Citigroup Ventures. In 1999, The Duck Corporation merged with Applied Capital Funding, Inc., a public company on the American Stock Exchange. The merged entity was first renamed On2.Com and then On2 Technologies, trading on the AMEX as ONT. ONT's price peaked at a little over $40 per share, briefly giving the company a market cap in excess of $1 billion. On April 4, 2000, On2 buys Quickband, Inc. ("Quickband"), a wholly owned subsidiary of the company, acquired substantially all of the assets of DVD Mags, Inc. ("DVD Mags"), a California corporation in the business of aggregating and producing short-form entertainment content for distribution across digital and traditional channels (the "Quickband Acquisition"). The Quickband Acquisition was effected pursuant to an Asset Purchase Agreement ("Purchase Agreement") dated as of March 9, 2000 by and among the company, Quickband and DVD Mags. On November 3, 2000, On2 acquired the game engine development company Eight Cylinders Studios.<ref>{{cite web|url=http://www.secinfo.com/dRqWm.51HM7.htm#1kj| archive-url=https://web.archive.org/web/20010307104450/http://www.secinfo.com/dRqWm.51HM7.htm#1kj| archive-date=2001-03-07|title=SEC Info - ON2 Technologies, Inc. - '8-K' for 11/3/00|website=www.secinfo.com|access-date=31 January 2019}}{{cbignore}}</ref> In May 2007, On2 announced an agreement to acquire Finnish Hantro Products, a provider of video codecs for chips for wireless devices.[https://web.archive.org/web/20070630095810/http://www.hantro.com/] The acquisition was finalized on November 1, 2007.<ref>[http://www.on2.com/company/news-room/press-releases/?id=573 On2 company information page] {{dead link|date=June 2016|bot=medic}}{{cbignore|bot=medic}}</ref> In November 2008, On2 announced that it would partner with Zencoder to create Flix Cloud, a high-capacity online video encoding service using [[Amazon Elastic Compute Cloud]] (EC2).<ref>[http://www.eeproductcenter.com/dsp/brief/showPressRelease.jhtml?articleID=E734710 On2 Technologies and Zencoder Partner to Create On-Demand Video Encoding Service]{{Dead link|date=August 2018 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> Flix Cloud launched in April 2009.<ref>[https://www.reuters.com/article/pressRelease/idUS114355+14-Apr-2009+PRN20090414 On2 Technologies Releases On2 Flix Cloud On-Demand Video Transcoding Service] {{webarchive|url=https://web.archive.org/web/20090826010810/http://www.reuters.com/article/pressRelease/idUS114355+14-Apr-2009+PRN20090414 |date=2009-08-26 }}</ref> === Acquisition by Google === On 5 August 2009, [[Google]] offered to acquire On2 Technologies for $106.5 million in Google stock.<ref>{{cite web|last=Whitneu|first=Lance|title=On2 answers questions on Google merger|url=http://news.cnet.com/8301-1001_3-10410341-92.html| archive-url=https://web.archive.org/web/20121025073413/http://news.cnet.com/8301-1001_3-10410341-92.html| archive-date=2012-10-25|publisher=CNET|access-date=30 January 2012}}{{cbignore}}</ref><ref>{{cite web|last=Wauters|first=Robin|title=Google Acquires Video Compression Technology Company On2 For $106 Million|date=5 August 2009 |url=https://techcrunch.com/2009/08/05/google-acquires-video-compression-technology-company-on2-for-106-million/| archive-url=https://ghostarchive.org/archive/20210928/https://techcrunch.com/2009/08/05/google-acquires-video-compression-technology-company-on2-for-106-million/| archive-date=2021-09-28|publisher=TechCrunch|access-date=30 January 2012}}{{cbignore}}</ref><ref>{{cite web|title=Google to Acquire On2 Technologies|url=http://www.google.com/intl/en/press/pressrel/ir_20090805.html| archive-url=https://ghostarchive.org/archive/20210928/http://www.google.com/intl/en/press/pressrel/ir_20090805.html| archive-date=2021-09-28|access-date=30 January 2012}}{{cbignore}}</ref> On 7 January 2010, Google increased its offer to $133.9 million,<ref>{{cite web|last=Shankland|first=Stephen|title=Google sweetens On2 acquisition offer|url=http://news.cnet.com/8301-30685_3-10428278-264.html?tag=mncol;txt#comments|publisher=CNET|access-date=30 January 2012}}</ref> and on February 17, 2010, the stockholders of On2 Technologies voted to accept the offer.<ref>{{cite web|last=Kafka|first=Peter|title=Sold! On2 Shareholders Agree to Get Googled, Finally.|url=http://mediamemo.allthingsd.com/20100217/sold-on2-shareholders-agree-to-get-googled-finally/| archive-url=https://ghostarchive.org/archive/20210928/http://mediamemo.allthingsd.com/20100217/sold-on2-shareholders-agree-to-get-googled-finally/| archive-date=2021-09-28|publisher=All Things Digital|date=2010-02-17}}{{cbignore}}</ref><ref>{{cite web|title=On2 shareholders vote today on Google deal|url=http://www.bizjournals.com/albany/stories/2010/02/15/daily14.html| archive-url=https://ghostarchive.org/archive/20210928/http://www.bizjournals.com/albany/stories/2010/02/15/daily14.html| archive-date=2021-09-28|publisher=The Business Review|date=2010-02-17}}{{cbignore}}</ref><ref>{{cite web |url=http://www.prnewswire.com/news-releases/on2-stockholders-approve-merger-with-google-84633777.html| archive-url=https://ghostarchive.org/archive/20210928/http://www.prnewswire.com/news-releases/on2-stockholders-approve-merger-with-google-84633777.html| archive-date=2021-09-28 |title=On2 Stockholders Approve Merger with Google |publisher=[[PR Newswire]] |quote=On2 stockholders holding in excess of a majority of the outstanding shares of On2 Common Stock voted in favor of the merger proposal. |date=2010-02-17}}{{cbignore}}</ref> On 19 February 2010, the transaction was completed, valued at approximately $124.6 million.<ref name="acquisitionPR">{{cite web |url=http://investor.google.com/releases/2010/0219.html| archive-url=https://web.archive.org/web/20100422233257/http://investor.google.com/releases/2010/0219.html| archive-date=2010-04-22 |title=Google Closes On2 Technologies Acquisition |work=Google investor relations|quote=Google Inc. (NASDAQ: GOOG) today announced that it has completed its acquisition of On2 Technologies, Inc. |date=2010-02-19}}{{cbignore}}</ref><ref>{{cite web|last=Fulton|first=Scott|title=What does Google gain from having purchased On2?|date=22 February 2010 |url=http://betanews.com/2010/02/22/what-does-google-gain-from-having-purchased-on2/| archive-url=https://ghostarchive.org/archive/20210928/http://betanews.com/2010/02/22/what-does-google-gain-from-having-purchased-on2/| archive-date=2021-09-28|publisher=BetaNews|access-date=29 January 2012}}{{cbignore}}</ref>{{clarify|Why 125M rather than 134M?|date=January 2012}} After this purchase, the following message was posted on the on2.com website: "The On2 products Flix Pro, Flix Standard, Flix Exporter, Flix PowerPlayers, Flix Live, Flix DirectShow SDK, Flix Publisher and Flix Engine are no longer for sale."<ref>{{cite web |url=http://www.on2.com/ |title=On2 Technologies - Making Video Possible, from Handhelds to HD |url-status=live |archive-url=https://web.archive.org/web/20090306152401/http://www.on2.com/ |archive-date=2009-03-06 |access-date=7 July 2012 }}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)