After failed attempts to setup an online video editor ,particularly for Youtube (Youtube remixer) Google has bought Omnisio team.Ominiso will work to create better videos.Ominiso also allows to add comments at particular time stamp.
Here’s what the official statement on this acqisiton:-
We are thrilled to announce that we’ve been acquired by Google and will soon be joining the YouTube team, aligning us with the market leaders in online video. Together we’ll apply what we’ve learned about the space, and we’ll work to develop innovative products and features for the YouTube community. We believe we’ve only scratched the surface in terms of what’s possible with online video, and we are really looking forward to taking the video viewing — and creating — experience to the next level.
Since launching publicly in March, we at Omnisio have been thrilled to engage with our early community and build innovative applications that push the envelope of online video. We’ve been continually surprised by the creative and interesting stuff our users have built on the Omnisio platform – from hilarious video compilations, to witty (and yes sometimes over the top) in-video comments, to informative presentations with slides synced with video. The enthusiastic adoption of our tools has exceeded our wildest expectations.
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Microsoft Corp. late today filed a patent infringement action with the International Trade Commission (ITC), after making repeated attempts during the past several years to engage Primax Electronics, Ltd in a licensing agreement, and issued the following statement from Horacio Gutierrez, vice president and deputy general counsel of Intellectual Property and Licensing:
