As a direct result of On2 shareholder lawsuits to block the deal, Google now has agreed to pay $133 million -- rather than the previous $106 million -- to acquire codec technology company On2. That's a hefty $27 million premium (roughly 25%) from its earlier offer -- and it now includes a significant cash component. Here is the joint press release.
Of course, the deal still must obtain shareholder approval which is by no means a slam dunk, given the shareholder passion that was aroused by the earlier terms. Stay tuned -- the revised deal will come to a vote in mid-February.
