<s>
On2	B-Application
Technologies	I-Application
,	O
formerly	O
known	O
as	O
The	B-Application
Duck	I-Application
Corporation	I-Application
,	O
was	O
a	O
small	O
publicly	O
traded	O
company	O
(	O
on	O
the	O
American	O
Stock	O
Exchange	O
)	O
,	O
founded	O
in	O
New	O
York	O
City	O
in	O
1992	O
and	O
headquartered	O
in	O
Clifton	O
Park	O
,	O
New	O
York	O
,	O
that	O
designed	O
video	B-Application
codec	I-Application
technology	O
.	O
</s>
<s>
It	O
created	O
a	O
series	O
of	O
video	B-Application
codecs	I-Application
called	O
TrueMotion	B-Application
(	O
including	O
TrueMotion	B-Application
S	O
,	O
TrueMotion	B-Application
2	I-Application
,	O
TrueMotion	B-Application
RT	I-Application
2.0	I-Application
,	O
TrueMotion	B-Application
VP3	B-Algorithm
,	O
4	O
,	O
5	O
,	O
6	B-Algorithm
,	O
7	O
and	O
8	B-Algorithm
)	O
.	O
</s>
<s>
In	O
February	O
2010	O
,	O
On2	B-Application
Technologies	I-Application
was	O
acquired	O
by	O
Google	B-Application
for	O
an	O
estimated	O
$124.6	O
million	O
.	O
</s>
<s>
On2	B-Application
's	O
VP8	B-Algorithm
technology	O
became	O
the	O
core	O
of	O
Google	B-Application
's	I-Application
WebM	B-Application
video	O
file	O
format	O
.	O
</s>
<s>
While	O
known	O
by	O
the	O
name	O
The	B-Application
Duck	I-Application
Corporation	I-Application
,	O
they	O
developed	O
TrueMotion	B-Application
S	O
,	O
a	O
codec	B-General_Concept
that	O
was	O
used	O
by	O
some	O
games	O
for	O
full	B-Application
motion	I-Application
video	I-Application
(	O
FMV	O
)	O
sequences	O
during	O
the	O
1990s	O
.	O
</s>
<s>
The	O
original	O
office	O
of	O
the	B-Application
Duck	I-Application
Corporation	I-Application
was	O
founded	O
in	O
New	O
York	O
City	O
by	O
Daniel	O
B	O
.	O
Miller	O
,	O
Victor	O
Yurkovsky	O
,	O
and	O
Stan	O
Marder	O
.	O
</s>
<s>
Miller	O
became	O
CEO	O
of	O
newly	O
renamed	O
On2	B-Application
Technologies	I-Application
until	O
Doug	O
McIntyre	O
was	O
hired	O
in	O
late	O
2000	O
,	O
when	O
Miller	O
resumed	O
his	O
role	O
as	O
CTO	O
.	O
</s>
<s>
Wilkins	O
was	O
founder	O
of	O
"	O
Metavisual	O
"	O
which	O
was	O
acquired	O
by	O
On2	B-Application
in	O
1999	O
to	O
bring	O
the	O
VP3	B-Algorithm
codec	B-General_Concept
to	O
market	O
.	O
</s>
<s>
The	O
VP3	B-Algorithm
codec	B-General_Concept
became	O
the	O
basis	O
of	O
On2	B-Application
's	O
future	O
codecs	B-General_Concept
as	O
well	O
as	O
the	O
basis	O
of	O
the	O
open	O
source	O
Theora	B-Algorithm
video	B-Application
codec	I-Application
.	O
</s>
<s>
In	O
1995	O
,	O
The	B-Application
Duck	I-Application
Corporation	I-Application
raised	O
$1.5	O
million	O
in	O
venture	O
funding	O
from	O
Edelson	O
Technology	O
Partners	O
.	O
</s>
<s>
In	O
1999	O
,	O
The	B-Application
Duck	I-Application
Corporation	I-Application
merged	O
with	O
Applied	O
Capital	O
Funding	O
,	O
Inc.	O
,	O
a	O
public	O
company	O
on	O
the	O
American	O
Stock	O
Exchange	O
.	O
</s>
<s>
The	O
merged	O
entity	O
was	O
first	O
renamed	O
On2.Com	O
and	O
then	O
On2	B-Application
Technologies	I-Application
,	O
trading	O
on	O
the	O
AMEX	O
as	O
ONT	O
.	O
</s>
<s>
On	O
April	O
4	O
,	O
2000	O
,	O
On2	B-Application
buys	O
Quickband	O
,	O
Inc	O
.	O
(	O
"	O
Quickband	O
"	O
)	O
,	O
a	O
wholly	O
owned	O
subsidiary	O
of	O
the	O
company	O
,	O
acquired	O
substantially	O
all	O
of	O
the	O
assets	O
of	O
DVD	O
Mags	O
,	O
Inc	O
.	O
(	O
"	O
DVD	O
Mags	O
"	O
)	O
,	O
a	O
California	O
corporation	O
in	O
the	O
business	O
of	O
aggregating	O
and	O
producing	O
short-form	O
entertainment	O
content	O
for	O
distribution	O
across	O
digital	O
and	O
traditional	O
channels	O
(	O
the	O
"	O
Quickband	O
Acquisition	O
"	O
)	O
.	O
</s>
<s>
On	O
November	O
3	O
,	O
2000	O
,	O
On2	B-Application
acquired	O
the	O
game	O
engine	O
development	O
company	O
Eight	O
Cylinders	O
Studios	O
.	O
</s>
<s>
In	O
May	O
2007	O
,	O
On2	B-Application
announced	O
an	O
agreement	O
to	O
acquire	O
Finnish	O
Hantro	O
Products	O
,	O
a	O
provider	O
of	O
video	B-Application
codecs	I-Application
for	O
chips	O
for	O
wireless	O
devices	O
.	O
</s>
<s>
In	O
November	O
2008	O
,	O
On2	B-Application
announced	O
that	O
it	O
would	O
partner	O
with	O
Zencoder	O
to	O
create	O
Flix	O
Cloud	O
,	O
a	O
high-capacity	O
online	O
video	O
encoding	O
service	O
using	O
Amazon	B-General_Concept
Elastic	I-General_Concept
Compute	I-General_Concept
Cloud	I-General_Concept
(	O
EC2	O
)	O
.	O
</s>
<s>
On	O
5	O
August	O
2009	O
,	O
Google	B-Application
offered	O
to	O
acquire	O
On2	B-Application
Technologies	I-Application
for	O
$106.5	O
million	O
in	O
Google	B-Application
stock	O
.	O
</s>
<s>
On	O
7	O
January	O
2010	O
,	O
Google	B-Application
increased	O
its	O
offer	O
to	O
$133.9	O
million	O
,	O
and	O
on	O
February	O
17	O
,	O
2010	O
,	O
the	O
stockholders	O
of	O
On2	B-Application
Technologies	I-Application
voted	O
to	O
accept	O
the	O
offer	O
.	O
</s>
<s>
On	O
19	O
February	O
2010	O
,	O
the	O
transaction	O
was	O
completed	O
,	O
valued	O
at	O
approximately	O
$124.6	O
million	O
.	O
</s>
<s>
After	O
this	O
purchase	O
,	O
the	O
following	O
message	O
was	O
posted	O
on	O
the	O
on2.com	O
website	O
:	O
"	O
The	O
On2	B-Application
products	O
Flix	O
Pro	O
,	O
Flix	O
Standard	O
,	O
Flix	O
Exporter	O
,	O
Flix	O
PowerPlayers	O
,	O
Flix	O
Live	O
,	O
Flix	O
DirectShow	B-Library
SDK	O
,	O
Flix	O
Publisher	O
and	O
Flix	O
Engine	O
are	O
no	O
longer	O
for	O
sale.	O
"	O
</s>
<s>
The	O
first	O
versions	O
of	O
the	O
codec	B-General_Concept
were	O
mainly	O
targeted	O
at	O
and	O
used	O
for	O
full	B-Application
motion	I-Application
video	I-Application
scenes	O
in	O
computer	O
games	O
.	O
</s>
<s>
One	O
of	O
the	O
codec	B-General_Concept
's	O
competitive	O
advantages	O
in	O
this	O
field	O
was	O
that	O
,	O
unlike	O
MPEG	O
,	O
it	O
does	O
not	O
require	O
a	O
separate	O
decoder	O
,	O
thus	O
reducing	O
costs	O
to	O
game	O
publishers	O
.	O
</s>
<s>
At	O
the	O
time	O
,	O
MPEG	O
's	O
dominance	O
was	O
nearly	O
secured	O
,	O
especially	O
with	O
hardware-implementations	O
of	O
the	O
codec	B-General_Concept
,	O
meant	O
to	O
run	O
on	O
special	O
hardware	O
boards	O
only	O
.	O
</s>
<s>
This	O
was	O
the	O
first	O
version	O
in	O
the	O
TrueMotion	B-Application
series	O
of	O
proprietary	B-Application
lossy	B-Algorithm
video	O
compression	O
formats	O
and	O
video	B-Application
codec	I-Application
.	O
</s>
<s>
This	O
format	O
compressed	O
frame	O
in	O
either	O
a	O
32-bit	O
or	O
16-bit	O
RGB	O
color	B-Algorithm
space	I-Algorithm
with	O
a	O
FourCC	B-Application
of	O
DUCK	O
(	O
or	O
TMOT	O
for	O
a	O
version	O
of	O
TrueMotion	B-Application
S	O
that	O
was	O
licensed	O
by	O
Horizon	O
Technologies	O
)	O
.	O
</s>
<s>
Gaming	O
consoles	O
which	O
were	O
licensed	O
to	O
use	O
the	O
codec	B-General_Concept
include	O
the	O
Sega	B-Device
Saturn	I-Device
,	O
Sega	B-Device
32X	I-Device
,	O
and	O
3DO	B-Device
Interactive	I-Device
Multiplayer	I-Device
.	O
</s>
<s>
Simon	O
&	O
Schuster	O
first	O
person	O
games	O
such	O
as	O
Star	B-Application
Trek	I-Application
:	I-Application
Borg	I-Application
also	O
used	O
the	O
compression	O
format	O
.	O
</s>
<s>
Some	O
of	O
the	O
files	O
can	O
be	O
played	O
back	O
with	O
a	O
video	O
player	O
that	O
uses	O
the	O
libavcodec	B-Language
library	O
,	O
such	O
as	O
MPlayer	B-Application
.	O
</s>
<s>
In	O
1995	O
,	O
Horizons	O
Technology	O
Inc	O
.	O
began	O
shipping	O
the	O
TrueMotion-S	O
Compressor	O
software	O
for	O
Macintosh	O
and	O
MS	O
Windows	O
.	O
</s>
<s>
TrueMotion-S	O
was	O
originally	O
developed	O
by	O
the	O
Duck	O
Corp	O
.	O
for	O
applications	O
such	O
as	O
the	O
Sega	O
game	O
box	O
.	O
</s>
<s>
In	O
1996	O
,	O
the	O
main	O
competitors	O
for	O
TrueMotion	B-Application
S	O
software	B-General_Concept
codec	I-General_Concept
were	O
Cinepak	B-Algorithm
and	O
Indeo	B-Algorithm
in	O
games	O
for	O
first-generation	O
CD-ROM	O
based	O
game	O
consoles	O
.	O
</s>
<s>
The	O
second	O
version	O
in	O
this	O
series	O
only	O
supported	O
a	O
24-bit	O
RGB	O
color	B-Algorithm
space	I-Algorithm
optimized	O
for	O
Windows	O
rendering	O
which	O
orders	O
components	O
as	O
BGR	O
with	O
a	O
FourCC	B-Application
of	O
TM20	O
.	O
</s>
<s>
Used	O
for	O
Final	B-Application
Fantasy	I-Application
VII	I-Application
and	O
Star	B-Application
Trek	I-Application
:	I-Application
Klingon	I-Application
.	O
</s>
<s>
In	O
1997	O
,	O
Microsoft	O
Corp	O
.	O
licensed	O
The	O
Duck	O
Corp.	O
'	O
s	O
TrueMotion	O
2.0	O
video	B-Application
codec	I-Application
technology	O
to	O
bring	O
TV-quality	O
video	O
to	O
the	O
PC	O
platform	O
.	O
</s>
<s>
There	O
are	O
two	O
obsolete	O
versions	O
for	O
associated	O
ADPCM	B-Algorithm
audio	O
compression	O
.	O
</s>
<s>
The	O
third	O
version	O
in	O
the	O
series	O
switched	O
to	O
using	O
a	O
planar	O
Y'CbCr	O
4:2:0	O
color	B-Algorithm
space	I-Algorithm
.	O
</s>
<s>
In	O
late	O
2001	O
,	O
On2	B-Application
released	O
their	O
VP3( 	O
.2	O
)	O
compression	O
technology	O
into	O
the	O
open-source	O
community	O
including	O
their	O
patents	O
on	O
the	O
technology	O
.	O
</s>
<s>
The	O
technology	O
lives	O
on	O
in	O
the	O
form	O
of	O
Theora	B-Algorithm
.	O
</s>
<s>
The	O
Xiph.Org	B-Application
Foundation	I-Application
created	O
its	O
codec	B-General_Concept
Theora	B-Algorithm
as	O
a	O
fork	O
of	O
the	O
codebase	O
of	O
VP3.2	O
.	O
</s>
<s>
The	O
production	O
version	O
of	O
VP5	O
codec	B-General_Concept
was	O
released	O
in	O
May	O
2002	O
.	O
</s>
<s>
When	O
the	O
codec	B-General_Concept
was	O
in	O
beta	O
,	O
to	O
preview	O
its	O
quality	O
,	O
On2	B-Application
created	O
a	O
plug-in	O
for	O
RealPlayer	B-Application
.	O
</s>
<s>
Lately	O
the	O
final	O
version	O
of	O
the	O
codec	B-General_Concept
was	O
ready	O
.	O
</s>
<s>
The	O
VP5	O
codec	B-General_Concept
was	O
limited	O
,	O
when	O
the	O
VP6	B-Algorithm
came	O
out	O
.	O
</s>
<s>
The	O
sixth	O
version	O
like	O
VP3	B-Algorithm
and	O
VP4	O
kept	O
the	O
same	O
bitstream	O
as	O
VP5	O
and	O
added	O
an	O
optional	O
alpha	O
channel	O
to	O
the	O
color	B-Algorithm
space	I-Algorithm
.	O
</s>
<s>
In	O
April	O
2003	O
AOL	O
has	O
bought	O
broad	O
licensing	O
rights	O
for	O
VP5	O
and	O
VP6	B-Algorithm
codecs	B-General_Concept
.	O
</s>
<s>
More	O
recently	O
,	O
On2	B-Application
licensed	O
its	O
technology	O
to	O
AOL	O
for	O
use	O
in	O
an	O
IP-based	O
video	O
telephony	O
product	O
,	O
to	O
Tencent	O
Holdings	O
of	O
China	O
for	O
use	O
in	O
its	O
instant	O
messaging	O
products	O
,	O
and	O
to	O
Saver	O
Corporation	O
of	O
Japan	O
to	O
enable	O
new	O
Flash	O
8	B-Algorithm
mobile	O
video	O
applications	O
.	O
</s>
<s>
On	O
May	O
12	O
,	O
2003	O
,	O
On2	B-Application
announced	O
the	O
release	O
of	O
VP6	B-Algorithm
.	O
</s>
<s>
Revised	O
versions	O
6.1	O
and	O
6.2	O
followed	O
later	O
that	O
year	O
.	O
</s>
<s>
In	O
late	O
2003	O
,	O
On2	B-Application
announced	O
that	O
its	O
VP5	O
and	O
VP6	B-Algorithm
codecs	B-General_Concept
were	O
selected	O
by	O
Beijing	O
E-World	O
as	O
a	O
video	O
coding	O
method	O
to	O
be	O
used	O
in	O
a	O
Chinese-developed	O
competitor	O
to	O
the	O
DVD	O
format	O
called	O
the	O
EVD	O
(	O
Enhanced	O
Versatile	O
Disc	O
)	O
format	O
.	O
</s>
<s>
Then	O
in	O
April	O
2004	O
,	O
On2	B-Application
announced	O
that	O
its	O
business	O
relationship	O
with	O
E-World	O
had	O
soured	O
,	O
and	O
that	O
On2	B-Application
would	O
file	O
multiple	O
breach	O
of	O
contract	O
claims	O
against	O
E-World	O
in	O
arbitration	O
proceedings	O
.	O
</s>
<s>
The	O
arbitrator	O
reached	O
a	O
conclusion	O
on	O
March	O
10	O
,	O
2005	O
,	O
according	O
to	O
SEC	O
filings	O
by	O
On2	B-Application
on	O
March	O
14	O
,	O
2005	O
.	O
</s>
<s>
The	O
arbitrator	O
dismissed	O
each	O
of	O
On2	B-Application
's	O
claims	O
and	O
ruled	O
that	O
E-World	O
owed	O
nothing	O
to	O
On2	B-Application
and	O
had	O
not	O
breached	O
the	O
contract	O
.	O
</s>
<s>
It	O
seems	O
unlikely	O
that	O
On2	B-Application
will	O
ultimately	O
get	O
any	O
significant	O
payback	O
from	O
the	O
EVD	O
initiative	O
,	O
although	O
some	O
contract	O
relationship	O
remains	O
in	O
effect	O
.	O
</s>
<s>
In	O
2004	O
,	O
On2	B-Application
's	O
VP6	B-Algorithm
was	O
selected	O
for	O
use	O
as	O
the	O
Macromedia	B-Operating_System
Flash	I-Operating_System
Video	I-Operating_System
8	B-Algorithm
codec	B-General_Concept
.	O
</s>
<s>
In	O
related	O
news	O
,	O
On2	B-Application
announced	O
on	O
April	O
5	O
,	O
2005	O
,	O
that	O
it	O
had	O
acquired	O
the	O
Flix	O
Flash	B-Operating_System
video	I-Operating_System
encoder	O
technology	O
from	O
Wildform	O
,	O
Inc	O
.	O
On2	B-Application
added	O
support	O
for	O
Flash	O
8	B-Algorithm
video	O
output	O
to	O
the	O
Flix	O
8	B-Algorithm
product	O
line	O
that	O
they	O
released	O
on	O
September	O
13	O
,	O
2005	O
.	O
</s>
<s>
It	O
is	O
a	O
codec	B-General_Concept
with	O
both	O
VFW	B-Device
and	O
DirectShow	B-Library
support	O
that	O
On2	B-Application
Technologies	I-Application
claims	O
has	O
better	O
compression	O
than	O
leading	O
competitive	O
codecs	B-General_Concept
such	O
as	O
MPEG-4	B-Application
AVC	I-Application
(	O
H.264	B-Application
)	O
and	O
VC-1	B-Operating_System
.	O
</s>
<s>
On2	B-Application
Technologies	I-Application
announced	O
TrueMotion	B-Application
VP7	O
in	O
January	O
2005	O
.	O
</s>
<s>
The	O
public	O
release	O
of	O
VP7	O
codec	B-General_Concept
software	O
was	O
available	O
in	O
March	O
2005	O
.	O
</s>
<s>
On	O
March	O
9	O
,	O
2005	O
,	O
On2	B-Application
announced	O
a	O
new	O
codec	B-General_Concept
,	O
VP7	O
.	O
</s>
<s>
On2	B-Application
claimed	O
that	O
VP7	O
is	O
superior	O
to	O
the	O
H.264/AVC	B-Application
standard	O
,	O
based	O
on	O
claims	O
of	O
comparative	O
technical	O
capabilities	O
and	O
licensing	O
costs	O
.	O
</s>
<s>
This	O
claim	O
has	O
been	O
disputed	O
by	O
a	O
developer	O
of	O
x264	B-Language
,	O
a	O
popular	O
H.264	B-Application
encoder	O
.	O
</s>
<s>
In	O
April	O
2005	O
,	O
On2	B-Application
Technologies	I-Application
licensed	O
On2	B-Application
Video	B-Application
Codecs	I-Application
(	O
including	O
VP6	B-Algorithm
and	O
VP7	O
)	O
for	O
Macromedia	O
Flash	O
.	O
</s>
<s>
On	O
December	O
1	O
,	O
2005	O
,	O
Skype	B-Application
announced	O
that	O
they	O
had	O
licensed	O
current	O
and	O
future	O
versions	O
of	O
its	O
video	O
compression	O
software	O
and	O
had	O
integrated	O
it	O
into	O
the	O
beta	O
version	O
of	O
Skype	B-Application
2.0	O
for	O
point-to-point	O
video	O
conferencing	O
Skype	B-Protocol
protocol	I-Protocol
.	O
</s>
<s>
On	O
August	O
13	O
,	O
2007	O
,	O
On2	B-Application
announced	O
the	O
addition	O
of	O
H.264	B-Application
support	O
to	O
its	O
On2	B-Algorithm
Flix	I-Algorithm
product	O
line	O
.	O
</s>
<s>
Move	O
Networks	O
also	O
used	O
the	O
VP7	O
codec	B-General_Concept
in	O
its	O
Move	O
Media	O
Player	O
plugin	O
for	O
Firefox	O
and	O
Internet	O
Explorer	O
,	O
used	O
by	O
ABC	O
and	O
Fox	O
for	O
its	O
streaming	O
of	O
full	O
network	O
shows	O
.	O
</s>
<s>
VP8	B-Algorithm
was	O
published	O
in	O
2008	O
and	O
marked	O
the	O
transfer	O
of	O
formats	O
to	O
Google	B-Application
with	O
their	O
acquisition	O
of	O
On2	B-Application
and	O
was	O
open	O
sourced	O
on	O
May	O
19	O
,	O
2010	O
.	O
</s>
<s>
The	O
VP8	B-Algorithm
codec	B-General_Concept
was	O
licensed	O
under	O
a	O
BSD	B-Operating_System
license	O
.	O
</s>
