Google plans to acquire video and VoIP (Voice over IP) codec developer Global IP Solutions (GIPS) for approximately 421 million Norwegian kronor (US$68.2 million) in cash, the company said today.

GIPS develops codecs for encoding real-time video and voice signals into a digital format for transport over IP networks. The company has also developed a number of techniques that can combat the effects of delay, jitter, packet loss, background noise and echo that IP networks can introduce.

Google provided few details on how it plans to use GIPS' know-how and what will happen to its products, only saying that real-time video and audio communication over the Internet are growing in importance, and that it looks forward to working with the GIPS team.

More: http://www.computerworld.com/s/article/9176906/

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