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Hantro Products Oy On2 (AMEX: ONT) has signed a definitive agreement to purchase Hantro in May 2007. The transaction is expected to close in August 2007. Hantro is the leading provider of hardware and software based MPEG4, H.263, H.264 and VC-1 video solutions specifically tailored for handheld devices. The product portfolio also includes video applications for video capturing, playback, messaging, streaming, and telephony. By combining these offerings, Hantro is uniquely positioned to provide complete solutions for silicon providers, device manufacturers and network operators. Other investors: CapMan, Atine Group and 2M Invest. |
