No real surprise here, especially after buying Youtube for $1.6b. Now Google has announced it's buying On2 for $106.5m. On2 produces video compresion technology which Google is looking to integrate into its Chrome browser, its Android mobile operating system, and possibly into Youtube.

Catch the latest article, "Google bolsters internet video" by David Gelles by clicking here.

*On another note, we're not saying Association Studios is for sale, but if Larry Page or Sergey Brin calls we're answering the phone. :)