On2 Announces Early Termination of HSR Waiting Period in Connection with Proposed Acquisition of On2 by Google
CLIFTON PARK, NY -- Sept. 29, 2009 - On2 Technologies, Inc. (NYSE Amex: ONT), a provider of advanced video compression technologies, announced today that On2 and Google Inc. (NASDAQ: GOOG) have been granted early termination by the Federal Trade Commission and the Antitrust Division of the Department of Justice of the mandatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"), in connection with Google's proposed acquisition of On2.
Termination of the HSR waiting period satisfies one of the conditions to completion of the proposed merger between On2 and a subsidiary of Google. Completion of the proposed merger also is subject to the adoption of the merger agreement by On2 stockholders at a special meeting of On2's stockholders and the satisfaction of the other closing conditions set forth in the merger agreement.
About On2 Technologies, Inc.
On2 creates advanced video compression technologies that power the video in today's leading desktop and mobile applications and devices. On2 customers include Adobe, Skype, Nokia, Infineon, Sun Microsystems, Mediatek, Sony, Brightcove, and Move Networks. On2 Technologies is headquartered in Clifton Park, NY USA. For more information, visit www.on2.com or www.on2.cn.
Additional Information and Where to Find It
Google has filed with the Securities and Exchange Commission (the "SEC") a Registration Statement on Form S-4 in connection with the proposed merger, which includes a preliminary Proxy Statement of On2 and also constitutes a Prospectus of Google. The definitive Proxy Statement/Prospectus will be mailed to On2 stockholders prior to the On2 special meeting. The Registration Statement and the Proxy Statement/Prospectus contain important information about Google, On2, the proposed merger and related matters. Investors and security holders are urged to read the Registration Statement and the Proxy Statement/Prospectus (including all amendments and supplements to it) carefully. Investors and security holders may also obtain free copies of the Registration Statement and the Proxy Statement/Prospectus and other documents filed with the SEC by Google and On2 through the web site maintained by the SEC at www.sec.gov and by contacting Google Investor Relations at +1-650-253-7663 or On2 Investor Relations at +1-518-881-4299. In addition, investors and security holders can obtain free copies of the documents filed with the SEC on Google's website at investor.google.com and on On2's website at www.on2.com.
Participants in the Solicitation
Google, On2 and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed merger. Information regarding Google's executive officers and directors is included in Google's definitive proxy statement, which was filed with the SEC on March 24, 2009, and information regarding On2's executive officers and directors is included in On2's definitive proxy statement, which was filed with the SEC on April 7, 2009. The Proxy Statement/Prospectus for the proposed merger also provides additional information about participants in the solicitation of proxies from On2 stockholders, which participants' interests may differ from On2 stockholders generally. You can obtain free copies of these documents from Google or On2 using the contact information below.
|
On2 Technologies Inc. Hot IP
Related News
- ANSYS & Apache Receive Early Termination of Hart-Scott-Rodino Waiting Period for Proposed Merger
- Microsemi Corporation Provides Acquisition and Business Updates; Announces the Expiration of the HSR Waiting Period
- Synopsys and Virage Logic Announce Expiration of Hart-Scott-Rodino Waiting Period for Proposed Acquisition
- ARM Holdings plc and Artisan Components, Inc. Announce That U.S. Government Has Granted Early Termination of Antitrust Waiting Period
- Verisity and Axis Announce Early Termination of Hart-Scott-Rodino Waiting Period and Date of California Fairness Hearing
Breaking News
- Logic Design Solutions launches Gen4 NVMe host IP
- ULYSS1, Microcontroller (MCU) for Automotive market, designed by Cortus is available
- M31 is partnering with Taiwan Cooperative Bank to launch an Employee Stock Ownership Trust to strengthen talent retention
- Sondrel announces CEO transition to lead next phase of growth
- JEDEC Publishes LPDDR5 CAMM2 Connector Performance Standard
Most Popular
- Arm's power play will backfire
- Alphawave Semi Selected for AI Innovation Research Grant from UK Government's Advanced Research + Invention Agency
- Secure-IC obtains the first worldwide CAVP Certification of Post-Quantum Cryptography algorithms, tested by SERMA Safety & Security
- Weebit Nano continuing to make progress with potential customers and qualifying its technology Moving closer to finalisation of licensing agreements Q1 FY25 Quarterly Activities Report
- PUFsecurity Collaborate with Arm on PSA Certified RoT Component Level 3 Certification for its Crypto Coprocessor to Provide Robust Security Subsystem Essential for the AIoT era
E-mail This Article | Printer-Friendly Page |