On2 Technologies
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| Subsidiary of Google Inc. | |
| Industry | Video codec technology |
| Founded | 1992, Clifton Park, New York |
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Key people
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J. Allen Kosowsky, Chairman Matthew C. Frost, COO Tim Reusing, GC James Bankoski, Senior VP Paul Wilkins, Senior VP Wayne Boomer, Senior VP Yaowu Xu, Senior VP |
| Products | TrueMotion S, TrueMotion 2, TrueMotion RT 2.0, VP3, VP4, VP5, TrueMotion VP6, TrueMotion VP7 and VP8 |
| Parent | |
| Website | www.on2.com |
On2 Technologies (NYSE MKT: ONT), formerly known as The Duck Corporation, was a small publicly traded company (on the ), founded in 1992 and headquartered in Clifton Park, New York, that designed video codec technology. It 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 February 2010, On2 Technologies was acquired by Google for an estimated $124.6 million. On2's VP8 technology became the core of Google's WebM video file format.
While known by the name The Duck Corporation, they developed TrueMotion S, a codec that was used by some games for 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. 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 $1.5 million in venture funding from Edelson Technology Partners.
In 1997, they raised an additional $5.5 million in a venture round primarily financed by Citigroup Ventures.
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