diff --git a/NEWS b/NEWS
index 4192e9d2..46d0d247 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,14 @@
+Release 2.16.0 (2011-08-09)
+==============================
+A new quarter, a new release! The key feature of this release, looking past
+the bug fixes, is the enabling of IvyBridge acceleration. We have also fixed
+many bugs and graphical glitches and would encourage everyone to upgrade.
+
+Bugs fixed in this snapshot (compared to 2.15.901)
+--------------------------------------------------
+
+* Build fix for xserver-1.7.7
+
 Snapshot 2.15.901 (2011-07-30)
 ==============================
 This is the first release candidate in preparation for the upcoming
diff --git a/configure.ac b/configure.ac
index b6091a88..fbd46a72 100644
--- a/configure.ac
+++ b/configure.ac
@@ -23,7 +23,7 @@
 # Initialize Autoconf
 AC_PREREQ([2.63])
 AC_INIT([xf86-video-intel],
-        [2.15.901],
+        [2.16.0],
         [https://bugs.freedesktop.org/enter_bug.cgi?product=xorg],
         [xf86-video-intel])
 AC_CONFIG_SRCDIR([Makefile.am])