It has been a pretty busy month for Apple and Microsoft and now its Google’s turn to join the fray. Google inaugurated their annual developer conference Google IO 2012 today with a keynote and announced several products including their brand new android tablet.

It was rumoured some time ago that Google might be working upon its own tablet and they were confirmed when Hugo Barra, Google’s Product Management Director unveiled the tablet some time ago. Google partnered with ASUS for the device and it looks quite like the ASUS EEEpad MEMO370T we reported about some time ago (CES 2012). Among its features are a quad-core Tegra 3 chip with 1 GB of RAM, NFC, a 1.2 MP front camera, a 7-inch screen with 1280×800 pixels, a 4325 mAh battery (rated for 8 hours) and Android 4.1 Jelly Bean pre-installed. It is the first tablet officially outed by Google and is also currently the only product running Jelly Bean.

We also got some prices for all the people still waiting for their dream tablet (though we won’t say this is the one)! The 8 GB model costs $199 and the 16 GB model costs $249. Sadly it has no support for external memory. But you will get a $25 Google Play credit and some other bundled content. It is now up for pre-order in USA and UK and will ship mid-July in both the countries. Pre-orders can be placed on Google Play.