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Google Acquires Omnisio to Spruce Up YouTube

Google has acquired the CA-based internet video start up, Omnisio which launched earlier this year and lets its users to mash up different video clips and annotate them as per their wish.

The service will add up more features to Google’s YouTube, and would allow its viewers to bring necessary changes in their video clips, such as- making slideshare presentations, audio and video changes, etc.

The price of the deal hasn’t been officially disclosed yet, however, TechCrunch has reported that it will somewhere be in the range of USD15 million, and it will be all cash.

Omnisio was established by three Australian entrepreneurs, namely- Ryan Junee, Simon Ratner, and Julian Frumar- in the beginning of March this year, with an aim to offer more interactive videos to online community.

Omnisio allows its users to extract videos clips from different websites, including- Blip.tv, Google Video, and YouTube; however, its linkage with Blip.tv may get discontinued after the acquisition.

Désiré Athow
Désiré Athow

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at ITProPortal.com where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.