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Google to Acquire Postini


MOUNTAIN VIEW, Calif. (July 9, 2007 ) - Google Inc. (NASDAQ: GOOG) announced today that it has signed a definitive agreement to acquire Postini, a global leader in on-demand communications security and compliance solutions serving more than 35,000 businesses and 10 million users worldwide. Postini’s services -- which include message security, archiving, encryption, and policy enforcement -- can be used to protect a company’s email, instant messaging, and other web-based communications. Under the terms of the agreement, Google will acquire Postini for $625 million in cash, subject to working capital and other adjustments, and Postini will become a wholly-owned subsidiary of Google. The agreement is subject to customary closing conditions and is expected to close by the end of the third quarter 2007.

“With this transaction, we’re reinforcing our commitment to delivering compelling hosted applications to businesses of all sizes. With the addition of Postini, our apps are not just simple and appealing to users -- they can also streamline the complex information security mandates within these organizations,” said Eric Schmidt, Chairman of the Board and Chief Executive Officer of Google.

Hosted services, like Google Apps and Postini solutions, provide organizations with high quality communications tools without the expense and hassle of traditional on-premise solutions. Google Apps, which includes Gmail, Calendar, Talk, Docs & Spreadsheets, and Personal Start Page, has been adopted by more than 100,000 businesses already. Postini solutions include Email Security, IM Security, Web Security, Message Archiving, Message Encryption, and Policy-enforced TLS.

“The response to Google Apps has been tremendous, with more than 1,000 small businesses signing up for the service every day. At the same time, large businesses have been reluctant to move to hosted applications due to issues of security and corporate compliance. By adding Postini products to Google’s technology, businesses no longer have to choose -- employees get the intuitive products they want, and the company achieves the security and assurance it needs,” said Dave Girouard, Vice President and General Manager, Google Enterprise.

“As the market leader in on-demand secure communications and compliance solutions, Postini complements Google perfectly. We share a commitment to providing enterprise customers with compelling technology alternatives. This is an exciting milestone, one that will certainly lead to the next level of rapid innovation,” said Quentin Gallivan, President and Chief Executive Officer of Postini.

“Postini’s founding vision is to bring to market technology solutions that address enterprise messaging problems in a different way. Our on-demand offering liberates businesses from the burdens associated with traditional on-premise solutions. We are proud of what we have done to achieve our vision on behalf of our customers, and combining Google and Postini is a powerful next step in this creative journey,” said Scott Petry, Founder, Chief Technical Officer, and Executive Vice President of Product Development at Postini.

Google will continue to support Postini customers and invest in Postini products.

The Google Enterprise group makes popular Google technology available to businesses of all sizes -- from small, two-person startups to some of the largest companies in the world. Google Enterprise products help businesses find, see and share information through products such as Google Search Appliance, Google Mini, Google Earth, Google Maps and the Google Apps suite of hosted applications.

Webcast and Conference Call Information
The company will host two conference calls and webcasts today to discuss the acquisition. The first conference call will be held at 6:30 a.m. Pacific Time (9:30 a.m. Eastern Time). The second conference call will be held at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time). To access either conference call, please dial 800-289-0544 domestic and 913-981-5533 internationally. Replays of both calls will be available until midnight, July 16, 2007 at 888-203-1112 domestically and 719-457-0820 internationally. The confirmation code for the replay of the first call is 3432256. The confirmation code for the replay of the second call is 9167451. Live audio webcasts of the conference calls will be available at

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

About Postini
Postini is the global leader in on-demand communications security, compliance, and productivity solutions for email, instant messaging, and the web. Postini’s award-winning services are designed to protect customers from viruses, spam, phishing, fraud, and other attacks; encrypt messages to ensure confidentiality and privacy; and archive communications to ensure compliance with regulations and to prepare for e-discovery.

More than 35,000 businesses rely on Postini everyday to protect them from a wide range of threats, ensure reliable communications, reduce compliance and legal risks, and enable the intelligent management and enforcement of enterprise policies to protect intellectual property, reputations, and business relationships. For more information please contact Postini at or visit

Caution Concerning Forward-Looking Statements
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expect timing of the closing of the acquisition by Google of Postini, Google’s and Postini’s ability to close the acquisition, the expected benefits of the acquisition, the expected performance and features of Postini’s products and any Google and Postini combined products, the impact of the acquisition on future innovation of Google’s and Postini’s products, Google’s expectation with respect to support and investment in existing Postini products, and Google’s and Postini’s plans to provide a better product and user experience. These statements are based on the current expectations or beliefs of management of Google Inc., and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to (1) changes in economic, business, competitive, technological and/or regulatory factors, (2) failure to receive regulatory approval for the acquisition, (3) failure to compete successfully in this highly competitive and rapidly changing marketplace, (4) failure to retain key employees, and (5) other factors affecting the operation of the respective businesses of Google and Postini. More detailed information about these factors may be found in filings by Google, as applicable, with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Google is under no obligation to, and expressly disclaims any such obligation to, update or alter their respective forward-looking statements, whether as a result of new information, future events, or otherwise.


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