Key Developments: Google Inc (GOOG.O)

GOOG.O on Nasdaq

24 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Luxottica Group SpA enters strategic partnership with Google Inc to design, develop and distribute a new breed of eyewear for Glass
Monday, 24 Mar 2014 05:46pm EDT 

Luxottica Group SpA:Announces strategic partnership with Google Inc to design, develop and distribute a new breed of eyewear for Glass.Says, through this relationship, Luxottica and Google, will establish a team of experts devoted to working on the design, development, tooling and engineering of Glass products.Luxottica also added that two brands of the Group, Ray-Ban and Oakley, will be a part of the collaboration with Glass, but details about these new products will be disclosed at a later stage.  Full Article

Google Inc and Viacom Inc resolve copyright lawsuit
Tuesday, 18 Mar 2014 08:30am EDT 

Google Inc:Says the resolution of the Viacom vs YouTube copyright litigation.The terms of the settlement were not disclosed.  Full Article

Yandex NV and Google announce advertising partnership for real-time bidding
Wednesday, 26 Feb 2014 02:00am EST 

Yandex NV:Says that Yandex and Google have entered into a mutually beneficial strategic partnership agreement in respect of online display advertising sales.Says through this partnership, DoubleClick Bid Manager, Google's Demand-Side Platform will be connected to Yandex's Real Time Bidding system, while Yandex's Demand-Side Platform, AWAPS will join Google's RTB marketplace, DoubleClick AdExchange.Says the agreement only relates to display advertising, and does not cover text-based contextual advertising.Says technical integration is expected to take several months.  Full Article

Google Inc approves distribution of shares
Monday, 10 Feb 2014 08:00am EST 

Google Inc:Says its board has approved a distribution of shares of the Class C capital stock as a dividend to stockholders with a dividend record date of Mar. 27and a dividend payment date of Apr. 2.  Full Article

Google Inc to own $750 mln Lenovo Group Ltd stake after Motorola deal closes-Reuters
Friday, 7 Feb 2014 04:19am EST 

Google Inc:Will own a 5.94 percent stake in Lenovo Group Ltd worth $750 million once Lenovo's deal to buy Google's Motorola handset division closes, according to a disclosure on the Hong Kong stock exchange-Reuters.Google would take 618.3 million Lenovo shares at $1.213 per share.  Full Article

Google Inc avoids fine with EU antitrust deal - Reuters
Wednesday, 5 Feb 2014 10:36am EST 

Google Inc:Google Inc agreed to make concessions on how it displays competitors' links on its website on Wednesday, in a deal with the European Union regulator that ended a three-year antitrust probe and avoided a fine - Reuters.The agreement means the dominant search engine has avoided a process that could have lead to a fine of up to $5 bln, or 10 pct of its 2012 revenue.It must stick to the deal for the next five years.However, Google may still face a second EU investigation, this time into its Android operating system for smartphones, with potentially bigger risks for the company.Google has been the subject of a European Commission investigation into its internet search practices since Nov. 2010.  Full Article

Google Inc and Cisco Systems Inc enter into patent cross-licensing agreement
Tuesday, 4 Feb 2014 08:00am EST 

Google Inc and Cisco Systems Inc:Says they have entered into a long-term patent cross-licensing agreement covering a broad range of products and technologies.Says the agreement allows each company to extract value from its patent portfolio through a license to the other's portfolio and by helping to reduce the risk of future litigation.  Full Article

Vringo Inc announces U.S. district court order of post-judgment royalty rate of 6.5% against Google Inc and AOL Inc
Wednesday, 29 Jan 2014 08:53am EST 

Vringo Inc:Says the U.S. District Court issued a Memorandum Opinion and Order related to its wholly-owned subsidiary I/P Engine, Inc.'s litigation against AOL, Google et al. for infringement of patents through their AdWords system.Says the Court held that the appropriate ongoing royalty rate is 6.5% of the 20.9% royalty base previously set by the District Court.On Nov. 6, 2012, the District Court in Norfolk, ruled in favor of I/P Engine and against the defendants AOL Inc., Google, Inc., IAC Search & Media, Inc., Target Corp., and Gannett Co., Inc. with respect to defendants' infringement of the asserted claims of U.S. Patent Nos. 6,314,420 and 6,775,664.  Full Article

Lenovo Group Ltd to acquire Motorola Mobility from Google Inc
Tuesday, 28 Jan 2014 07:00pm EST 

Lenovo Group Ltd and Google Inc:Enters into a definitive agreement under which Lenovo plans to acquire the Motorola Mobility smartphone business.Says the purchase price is about $2.91 billion (subject to certain adjustments), including $1.41 billion paid at close, comprised of $660 million in cash and $750 million in Lenovo ordinary shares (subject to a share cap/floor).Says the remaining $1.5 billion will be paid in the form of a three-year promissory note.Says Google will maintain ownership of the vast majority of the Motorola Mobility patent portfolio, including current patent applications and invention disclosures.Says as part of its ongoing relationship with Google, Lenovo will receive a license to this rich portfolio of patents and other intellectual property.Says additionally Lenovo will receive over 2,000 patent assets, as well as the Motorola Mobility brand and trademark portfolio.  Full Article

Google Inc to buy artificial intelligence company DeepMind - Reuters
Sunday, 26 Jan 2014 09:47pm EST 

Google Inc:Agreed to acquire privately held artificial intelligence company, DeepMind Technologies Ltd - Reuters.Technology news website Re/code, which reported news of the deal earlier, said the price was $400 million, without disclosing where it got the information.  Full Article


Google's Pichai to oversee major products and services

SAN FRANCISCO - Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products.

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