DALLAS, Aug. 20, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring mobile technology provider On2 Technologies Inc. (AMEX:ONT). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on On2 Technologies Inc. (AMEX:ONT) should be of particular interest to other software and technology companies: RealNetworks Inc. (Nasdaq:RNWK), Apple Inc. (Nasdaq:AAPL), Microsoft Corp. (Nasdaq:MSFT) and Texas Instruments Inc. (NYSE:TXN).
It is available at: http://www.stockpreacher.com/n/ONT
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher
On2 Technologies Inc. (ONT), together with its subsidiaries, engages in the development and sale of video compression software and related services in the United States and Finland. The Company's proprietary technology platform and video compression/decompression software delivers video over proprietary networks and the Internet to personal computers, wireless devices, set-top boxes and other devices. It offers video and audio codes, and encoding software for use with video delivery platforms.
In the report, the analyst notes:
"Google Inc. and ONT announced that they have entered into a definitive agreement under which Google will acquire ONT. Under the terms of the agreement, each outstanding share of ONT common stock will be converted into $0.60 worth of Google class A common stock in a stock-for-stock transaction. The transaction is valued at approximately $106.5 million. The transaction is expected to close in the fourth quarter of 2009. Google's acquisition with ONT would provide the search engine with valuable technology that would help reduce operating costs for the company's video site YouTube, while allowing more room for video growth on the Internet.
"In the second quarter of 2009, ONT added 40 new customers, excluding online sales, with 13 transactions in the quarter that contributed more than $50,000 each to revenue. While the number of new customers decreased year-over-year and sequentially, the number of transactions more than $50,000 is up over the same periods."
To read the entire report visit: http://www.stockpreacher.com/n/ONT
See what investors are saying about these stocks at: http://www.stockhideout.com/
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.