On2 Technologies

On2 Technologies, formerly The Duck Corporation, was a small traded on the NYSE Amex software company headquartered in Tarrytown, New York, which by 2009 a number of video codecs called True Motion developed by 1992 and licensed. Incarnations of this codec include VP3, the basis for the free codec Theora, which was introduced with version 8 of Adobe Flash codec ( VP6 ) for Flash video and for the Chinese Enhanced Versatile Disc ( EVD ) provided video codecs ( VP5 and VP6 ).

History

The Duck Corporation was founded in 1992 by Dan Miller, Victor Yurkovsky and Stan Marder in New York City. Within a few years, the current headquarters was set up by Eric Ameres in the Capital Region in the northern hinterland of the State of New York. In 1996 a research and development department was opened in Clifton Park. 1999 The Duck Corporation merged with Applied Capital Funding, Inc., a securities traded on the American Stock Exchange public companies. The new group then received the name On2.com; later it was renamed ( traded on the stock market as ONT ) modern name of On2 Technologies. On 5 April 2005, the purchase of the flash video encoder Flix of wild, Inc. was announced. On2 added to the product support for Flash 8 video format ( VP6 ). The so -equipped Flix 8 was released on 13 September 2005. In 2008, the headquarters was moved to Clifton Park for local research and development department.

After Google uses since 2005 On2 products, it began in March 2009 with On2 talks about a possible takeover of the company; in August, the first purchase offer for the takeover was announced that failed initially to the resistance of the shareholders. The company was at that time the world between 75 and 80 employees. After an increase of Google's Offer to eventual approximately $ 134 million of the purchase on February 19, 2010 was finally completed after months of negotiations. Google has made ​​to its developers conference Google I / O end of May 2010 the current On2 VP8 codec under an open source license.