|  Updated: 

Google set to issue $106.5m

By:

Add as a preferred source on Google

Google said yesterday it will issue $106.5m (£68m) in stock to acquire On2 Technologies, as the search engine giant looks to shore up its video operations. On2 makes video-compression technology, which allows for the quick transfer of large video files across the Web. The group also has software that helps allows high-definition video playback to work on mobiles.