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Thursday, 4 October 2012

Publishers and Google Reach Agreement

Posted on 07:00 by Unknown
Mountain View, CA and Washington, DC; October 4, 2012 – The Association of American Publishers (AAP) and Google today announced a settlement agreement that will provide access to publishers’ in-copyright books and journals digitized by Google for its Google Library Project. The dismissal of the lawsuit will end seven years of litigation.

The agreement settles a copyright infringement lawsuit filed against Google on October 19, 2005 by five AAP member publishers. As the settlement is between the parties to the litigation, the court is not required to approve its terms.

The settlement acknowledges the rights and interests of copyright-holders. US publishers can choose to make available or choose to remove their books and journals digitized by Google for its Library Project. Those deciding not to remove their works will have the option to receive a digital copy for their use.

Apart from the settlement, US publishers can continue to make individual agreements with Google for use of their other digitally-scanned works.

“We are pleased that this settlement addresses the issues that led to the litigation,” said Tom Allen, President and CEO, AAP. “It shows that digital services can provide innovative means to discover content while still respecting the rights of copyright-holders.”

“Google is a company that puts innovation front and center with all that it does,” said David Drummond, Senior Vice President, Corporate Development and Chief Legal Officer, Google. “By putting this litigation with the publishers behind us, we can stay focused on our core mission and work to increase the number of books available to educate, excite and entertain our users via Google Play.”

Google Books allows users to browse up to 20% of books and then purchase digital versions through Google Play. Under the agreement, books scanned by Google in the Library Project can now be included by publishers.

Further terms of the agreement are confidential.

This settlement does not affect Google’s current litigation with the Authors Guild or otherwise address the underlying questions in that suit.

The publisher plaintiffs are The McGraw-Hill Companies, Inc.; Pearson Education, Inc. and Penguin Group (USA) Inc., both part of Pearson; John Wiley & Sons, Inc.; and Simon & Schuster, Inc. part of CBS Corporation.

About the Association of American Publishers
The 300 members of AAP are building the future of publishing. AAP represents America’s premier creators of high-quality entertainment, education, scientific and professional published content. We dedicate the creative, intellectual, financial and technological investments to bring great ideas to life and deliver content to the world’s audiences in all the ways they seek it.

About Google Inc.
Google is a global technology leader focused on improving the ways people connect with information. Google’s innovations in web search and advertising have made its website a top Internet property and its brand one of the most recognized in the world.

Google is a trademark of Google Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

AAP Contact:
Andi Sporkin
asporkin@publishers.org
202-220-4554

Google Contact:
Maggie Shiels
maggies@google.com
650-214-4340
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Tuesday, 22 May 2012

Google Acquires Motorola Mobility

Posted on 06:55 by Unknown

MOUNTAIN VIEW, CA – May 22, 2012 – Google Inc. (NASDAQ: GOOG) announced today that the acquisition of Motorola Mobility Holdings, Inc. (NYSE: MMI) has closed, with Google acquiring MMI for $40.00 per share in cash.

The acquisition will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing. Motorola Mobility will remain a licensee of Android and Android will remain open. Google will run Motorola Mobility as a separate business.

Sanjay Jha, who revived Motorola’s Mobile Devices business and led the company through this acquisition, has stepped down as CEO, although he will continue to work with Google to help ensure a smooth transition.

Dennis Woodside, who has overseen integration planning for the acquisition and previously served as President of Google’s Americas region, has become CEO of Motorola Mobility.

Larry Page, CEO of Google, said, “I’m happy to announce the deal has closed. Motorola is a great American tech company, with a track record of over 80 years of innovation. It’s a great time to be in the mobile business, and I’m confident that the team at Motorola will be creating the next generation of mobile devices that will improve lives for years to come.

“Sanjay Jha, who was responsible for building the company and placing a big bet on Android, has stepped down as CEO. I would like to thank him for his efforts and am tremendously pleased that he will be working to ensure a smooth transition as long-time Googler Dennis Woodside takes over as CEO of Motorola Mobility.

“I’ve known Dennis for nearly a decade, and he’s been phenomenal at building teams and delivering on some of Google’s biggest bets. Dennis has always been a committed partner to our customers and I know he will be an outstanding leader of Motorola--and he’s already off to great start with some very strong new hires for the Motorola team.”

Dennis Woodside, CEO of Motorola Mobility, said: “Motorola literally invented the entire mobile industry with the first-ever commercial cell phone in 1983. Thirty years later, mobile devices are at the center of the computing revolution.

“Our aim is simple: to focus Motorola Mobility’s remarkable talent on fewer, bigger bets, and create wonderful devices that are used by people around the world.”

Dennis Woodside has hired a small number of leaders who will immediately join Motorola’s executive team, including Regina Dugan (former Director of DARPA), Mark Randall (former supply chain VP at Amazon and previously at Nokia), Vanessa Wittman (former CFO of Marsh & McLennan), Scott Sullivan (former head of HR at Visa and NVIDIA), and Gary Briggs (former Google VP of Consumer Marketing). In addition to these new leaders, many members of Motorola Mobility’s team will continue in their current roles: Iqbal Arshad (Product Development), Marshall Brown (Chief of Staff), Fei Liu (Mass Market Products), Dan Moloney (Home), Scott Offer (General Counsel), Mark Shockley (Sales), Mahesh Veerina (Software & Enterprise) and Jim Wicks (Consumer Experience Design).

Woodside added: “Motorola Mobility has many outstanding leaders, including people who were behind the original RAZR in 2004 and recent successes like the Droid and RAZR MAXX. Our colleagues joining the team come from varied backgrounds, from DARPA to Amazon and NVIDIA, but they all share a track record of leading innovation at speed, and a great deal of excitement about the mission ahead.”

About Dennis Woodside

Dennis Woodside oversaw Google’s acquisition of Motorola Mobility, and is former President of Google’s Americas region. He has worked with partners, governments and advertisers in more than 30 countries.

Most recently, Dennis was responsible for Google’s Sales & Operations in the Americas. In the U.S. alone, Dennis and his team drove revenue from $10.8 billion to $17.5 billion in under three years. He also was the lead business partner for Google’s advertising product development team, helping launch new ad products globally. Dennis started his career at the company spearheading investment across Europe, the Middle East, and Africa. He was responsible for the overall go-to-market, product offering and acquisition strategies in these markets, which boasted a 20-fold increase during his tenure. Revenues grew to over $2 billion.

About Google Inc.

Google’s innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google’s targeted advertising program provides businesses of all sizes with measurable results, while enhancing the overall web experience for users. Google is headquartered in Silicon Valley with offices throughout the Americas, Europe and Asia. For more information, visit www.google.com.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally can be identified by phrases such as Google or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements herein that describe the future impact of the Motorola Mobility acquisition, including its financial impact, and other statements of management’s beliefs, intentions or goals also are forward-looking statements. It is uncertain whether any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what impact they will have on Google’s results of operations, financial condition, or the price of its stock. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those indicated in such forward-looking statements, including but not limited to the ability of Google to successfully integrate Motorola’s operations, product lines and technology; the ability of Google to implement its plans, forecasts and other expectations with respect to Motorola’s business and realize additional opportunities for growth and innovation; and the other risks and important factors contained and identified in Google’s filings with the Securities and Exchange Commission (the “SEC”), any of which could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof. Google does not undertake any obligation to update the forward-looking statements to reflect subsequent events or circumstances.

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Monday, 21 May 2012

Google to Provide CornellNYC Tech with Free Office Space for More Than 5 Years

Posted on 08:00 by Unknown

Commitment to Training and Developing Engineering Talent in New York Cited as Key Reasons by CEO Larry Page

NEW YORK, NY — May 21, 2012 — Google Inc. CEO Larry Page announced today that Google will allocate 22,000 square feet of its New York headquarters to CornellNYC Tech, while the university completes its campus on Roosevelt Island. He was joined by New York City Mayor Michael R. Bloomberg, Cornell President David Skorton and Technion’s Director Craig Gotsman at a press conference this morning at Google New York. The space will allow Cornell to build its presence in New York in close proximity to the tech companies and entrepreneurs with whom it will collaborate. This arrangement represents Google, Cornell, Technion and the City of New York’s commitment to educating and developing tech talent in New York City.

Google will initially provide Cornell with 22,000 square feet of office space on July 1, 2012, free of charge for 5 years and 6 months or until the completion of Cornell’s campus on Roosevelt Island—whichever occurs first. Additionally, Cornell will be able to expand to 58,000 square feet over five years as it builds its presence in New York City.

“I’m passionate about breaking ground in science and engineering because technology has driven many of the advances humankind has made,” said Google CEO Larry Page. “But we still don’t have enough people working in these areas. It’s why I am tremendously pleased that Google is giving Cornell the office space to get their new engineering university up and running in New York City.”

“We’re about to find out what happens when you marry one of the world’s most innovative companies with one of the most innovative economic development strategies any city has undertaken,” said Mayor Bloomberg. “When we first envisioned the Applied Sciences initiative, we hoped the winning school would establish strong relationships with the tech sector. But this kind of synergy is beyond anything we could have imagined. CornellNYC Tech is well on its way to being fully integrated into New York City’s vibrant tech industry, and Google’s support is another huge vote of confidence for that industry. Just a few years ago, our tech sector was barely on anyone’s radar screen – now, it’s creating jobs and becoming a major player in our diversified economy.”

“We are proud to be launching CornellNYC Tech in what is becoming the center of the tech world,” said Cornell President David J. Skorton. “The one missing ingredient has been a pipeline of top-level tech talent, and that is what the tech campus will provide. Building on Mayor Bloomberg’s vision, we are creating a new academic model for this time, this place and this industry. The key is engagement between world class academics, companies and early-stage investors to catalyze innovation. That’s what we’ll be creating on Roosevelt Island, and thanks to Google it’s what will be happening here starting this fall.”

“We are delighted to launch our exciting programs with Cornell University in the Google building. This space provides the optimal environment for the education and nurturing of technical talent. This is a major step towards the fulfillment of Mayor Bloomberg’s vision to seed the city with entrepreneurs and start-ups. We at Technion are confident that our academic partnership with Cornell University will help build the city’s tech ecosystem and boost this sector of the economy,” said Technion President Peretz Lavie.

About Google Inc.

Google is a global technology leader focused on improving the ways people connect with information. Google’s innovations in web search and advertising have made its website a top internet property and its brand one of the most recognized in the world. For more information, visit www.google.com/about.html.

Contacts

Google
Jordan Newman, 415-347-5466
Corporate Communications
jordann@google.com

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Thursday, 12 January 2012

Google appoints Diane B. Greene to its Board of Directors

Posted on 13:30 by Unknown

Greene will also serve on Audit Committee

MOUNTAIN VIEW, Calif. – January 12, 2012 – Google Inc. (NASDAQ: GOOG) today announced it has appointed Diane B. Greene to its Board of Directors. An experienced entrepreneur, technological innovator, and corporate executive with more than three decades of experience, Greene will also serve on Google’s Audit Committee. Her appointment is effective January 12, 2012.

“Diane is a special person who combines a sharp business acumen with a brilliant technical mind,” said Eric Schmidt, executive chairman of Google. “We know she will be a great contributor and we are grateful to have her insight.”

“Google is an asset to society because of its relentless focus on improving users’ lives through pioneering technology, and it is also a standout growing business,” said Greene. “It is incredibly exciting to have the opportunity to support this as a board member.”

Greene, 56, has been a member of the board of directors of Intuit Inc. since August 2006 and serves on its Audit and Risk Committee and Nominating and Corporate Governance Committee. Greene co-founded VMware, Inc. in 1998 and took the company public in 2007. She served as Chief Executive Officer and President of VMware from 1998 to 2008, as a member of the board of directors of VMware from 2007 to 2008, and as an Executive Vice President of EMC Corporation from 2005 to 2008.

Prior to VMware, Greene held technical leadership positions at Silicon Graphics Inc., Tandem Computers, Inc., and Sybase Inc., and was Chief Executive Officer of VXtreme, Inc. She is also a member of The MIT Corporation.

Greene holds a Master of Science degree in computer science from the University of California at Berkeley, a Master of Science degree in naval architecture from the Massachusetts Institute of Technology, and a Bachelor of Arts degree in mechanical engineering from the University of Vermont.

About Google Inc.

Google (NASDAQ: GOOG) is a global technology leader focused on improving the ways people connect with information. Google’s innovations in web search and advertising have made its website a top internet property and its brand one of the most recognized in the world. For more information, visit www.google.com/about.html.

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