Google 2011 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2011 Google annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 124

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124

Our board of directors may issue, without stockholder approval, shares of undesignated preferred stock.
The ability to issue undesignated preferred stock makes it possible for our board of directors to issue
preferred stock with voting or other rights or preferences that could impede the success of any attempt to
acquire us.
As a Delaware corporation, we are also subject to certain Delaware anti-takeover provisions. Under Delaware
law, a corporation may not engage in a business combination with any holder of 15% or more of its outstanding
voting stock unless the holder has held the stock for three years or, among other things, the board of directors has
approved the transaction. Our board of directors could rely on Delaware law to prevent or delay an acquisition of us.
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.
ITEM 2. PROPERTIES
Our headquarters are located in Mountain View, California, where we own approximately 3.4 million square
feet of office and building space and approximately seven acres of developable land to accommodate anticipated
future growth. We also own a 2.9 million square feet office building in New York, New York and 556,000 square
feet of office and building space in Paris and Dublin. We also operate and own data centers in the U.S., Europe, and
Asia pursuant to various lease agreements and co-location arrangements.
In addition, we lease approximately 3.8 million square feet of office space and approximately 61 acres of
undeveloped land in and near our headquarters in Mountain View, California. We also lease additional research and
development, and sales and support offices throughout the United States and maintain leased facilities
internationally in countries around the world. Larger leased sites include properties located in Dublin, Ireland;
Zurich, Switzerland; London, UK; Hyderabad, India; San Francisco, CA; Paris, France; Hamburg, Germany; Sao
Paulo, Brazil; Ann Arbor, MI; Bothell, WA; Cambridge, MA; Chicago, IL; Kirkland, WA; Venice, CA; Seattle, WA;
Sydney, Australia; Beijing, China; Bangalore, India; Gurgaon, India; Tokyo, Japan; and Singapore.
We believe our existing facilities, both owned and leased, are in good condition and suitable for the conduct of
our business.
ITEM 3. LEGAL PROCEEDINGS
For a description of our material pending legal proceedings, please see Note 12 “Commitments and
Contingencies—Legal Matters” of the Notes to Consolidated Financial Statements included in Item 8 of this
Annual Report on Form 10-K, which is incorporated herein by reference.
21