This announcement was actully made last Friday but I was blissfully away from any and all computers.
Google announced that they will be issuing their first IPO in late February or early March. This will be one of the largest IPOs in history, valued somewhere between $15Billion and $20Billion! Google is likely going to issue the IPO in an auction format, allowing investors to bid on the value of their shares directly.
More information as it becomes available.