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Company name | On2 Technologies Inc. | Company type | Subsidiary of Google Inc. | Industry | video codec technology | Founded | Clifton Park, NY, USA (1992) | Headquarters | Clifton Park, New York | Key people | Matthew C. Frost, COO Tim Reusing, GC James Bankoski, Senior VP Paul Wilkins, Senior VP Wayne Boomer, Senior VP J. Allen Kosowsky, COTB | Products | TrueMotion S, TrueMotion 2, TrueMotion RT 2.0, VP3, VP4, VP5, TrueMotion VP6, TrueMotion VP7 and VP8 |
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On2 Technologies (AMEX - ONT), formerly known as The Duck Corporation, was a small publicly-traded company (on the American Stock Exchange), headquartered in Clifton Park, New York, that designs video codec technology. They created a series of video codecs called TrueMotion (including TrueMotion S, TrueMotion 2, TrueMotion RT 2.0, TrueMotion VP3, 4, 5, 6, 7 and 8). In August 2009, Google offered to acquire On2 Technologies for $106.5 million in Google stock, subject to stockholder approval. On February 17, 2010, stockholders of On2 Technologies voted to approve the merger at Google's increased offer of $133M.
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