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Google closes On2 acquisition for $124.6M

Google closes On2 acquisition for $124.6M

On2 Video Compression Technologies | Image Source : On2.comGoogle has finished its acquisition of video-compression-technology vendor On2 Technologies, boosting its efforts in online video. The deal closed after gaining approval from On2 shareholders and was valued at $124.6 million, Google said in a brief statement late Friday. The figure was [...]

Student innovation not taken seriously in India

Student innovation not taken seriously in India

Student Innovation Fund | Image Source : mun.caTechnical institutes in India churn out around six lakh students every year but none of their innovative projects are considered worthy of patent. Projects like the 'black box' system installed in cars in U.S. and UK to detect a genuine accident is also done by a group of students from Latur-based [...]