Video firm settles lawsuits clearing way for Google buy.Byline: AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. NEW YORK: Video software firm On2 Technologies Inc. announced on Monday that it had settled five pending lawsuits, potentially clearing the way for its takeover by Internet giant Google. The Clifton Park, New York-based On2, which specializes in video compression technology used by companies such as Adobe, Skype, Nokia and others, did not disclose the terms of the settlement, which still needs court approval. The lawsuits were filed by shareholders unhappy with the 106.5-million-dollar purchase price for On2 offered by Google. The shareholders believed the offer undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. the company. On2, in a statement, said it had agreed to the settlement "to minimize the costs associated with this litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. " although it believed the claims were "entirely without merit." Muscat Press and Publishing House SAOC SAOC Studies in Ancient Oriental Civilization SAOC Sunbeam Alpine Owners Club (UK) SAOC Sector Air Operations Center SAOC South African Orchid Council SAOC Submariners Association Of Canada (Gloucester, ON, Canada) 2009 Provided by Syndigate.info an Albawaba.com company |
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