Google to open source $124.6m video codec, says report

Google will take a swashbuckling step towards license-free web video playback next month when it open sources the leading video codec from a company it just acquired for $124.6 million, according to a report citing multiple people familiar with the matter.

NewTeeVee reports that Mountain View will open source On2′s VP8 codec at its Google I/O developers conference in San Francisco in mid-May. The publication also says that Google will roll the codec into its Chrome browser, and that Mozilla will do the same with Firefox.

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