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Alphabet Inc.

From Wikipedia, the free encyclopedia
This article is about a multinational conglomerate. For the sets of letters used in written
languages, see Alphabet. For other uses of the name "Alphabet", see Alphabet (disambiguation).

Alphabet Inc.

Do the right thing

Type Public

Traded as


NASDAQ-100 Components (GOOG
and GOOGL)

S&P 100 Components (GOOG and

S&P 500 Cs (GOOG and GOOGL)


Industry Conglomerate

Founded 2 October 2015; 16 months ago

Larry Page

Sergey Brin

Headquarters Googleplex
Mountain View, California, United States

Area served Worldwide

Key people Eric Schmidt
(Executive Chairman)
Larry Page

49 billion (2016)[1] Total assets US$139.5% voting power)[2] Number of 69.71 billion (2016)[1] Net income US$19. Sergey Brin (President) David Drummond (CLO) Ruth Porat (CFO) Products Technology Internet computer software life sciences autonomous cars research and development biotechnology List of Google products US$90.952 (Q3 2016)[3] employees Subsidiaries Calico CapitalG DeepMind Google Google Fiber GV Jigsaw Nest Labs Sidewalk Labs Verily Vevo Waymo X Website Footnotes / references [4] .04 billion (2016)[1] Total equity Owner Sergey Brin & Larry Page(52.47 billion (2016)[1] US$167.27 billion (2016)[1] Revenue Operating income US$23.

is Google. became the new CEO of Google. 2015. GV. Some of its subsidiaries include Google. by the two founders of Google. The establishment of Alphabet was prompted by a desire to make the core Google Internet services business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. X. which we strive for! . Larry Page and Sergey Brin. life sciences. 2015. is an American multinational conglomerate founded on October 2.1Website  2Structure  3Proposed growth  4Restructuring process  5References  6External links History[edit] On August 10. Calico. at Googleplex. one of humanity's most important innovations. of course. and is the core of how we index with Google search! We also like that it means alpha-bet (Alpha is investment return above benchmark). This newer Google is a bit slimmed down. [11] Alphabet's portfolio encompasses several industries. and research.[15][16] In his announcement. Google CEO Larry Page made this announcement in a blog post on Google's official blog. 2015. As well as explaining the origin of the company's name: We liked the name Alphabet because it means a collection of letters that represent language. which trade under Google's former ticker symbols of "GOOG" and "GOOGL". we believe this allows us more management scale. and Google Fiber. including technology. Google Inc. Some of the subsidiaries of Alphabet have altered their names since leaving Google—Google Ventures becoming GV.[7] Alphabet would be created to restructure Google by moving subsidiaries from Google to Alphabet.[5][13][14] Sundar Pichai. Following the restructuring Page became CEO of Alphabet while Sundar Pichai took his position as CEO of Google. narrowing Google's scope. The largest of which. with Page serving as CEO and Brin as President. California. announced plans to create a new public holding company. with the companies that are pretty far afield of our main internet products contained in Alphabet instead. The company would consist of Google as well as other businesses including X. Google Life Sciences becoming Verily and Google X becoming just X.[5] It is the parent company of Google and several other companies previously owned by them. […] Fundamentally. CapitalG. as we can run things independently that aren’t very related. [7][12] Contents [hide]  1History o 1. CapitalG. The reorganization of Google into Alphabet was completed on October 2. replacing Larry Page.[6] [7] Shares of Google's stock have been converted into Alphabet stock. and GV.[6][7][8][9][10] The company is based in Mountain View. Verily. Product Chief. Waymo. Alphabet Inc. Page described the planned holding company as follows: [7][17] Alphabet is mostly a collection of companies. investment capital.Alphabet Inc.

com. Google Fiber. which was introduced in 2014." The period after "drone delivery effort" is a hyperlink to "hooli. which remain direct components of Google Inc. a holding company reorganization such as this can be done without a vote of shareholders. Sidewalk Labs. Alphabet will also include our X lab.'s stock price history and continues to trade under Google Inc. It also does not own abc. [5][23] Proposed growth[edit] Eric Schmidt said at an Internet Association event that there may eventually be more than 26 Alphabet subsidiaries.[18][19] Website[edit] Alphabet has chosen the domain abc. such as the Android mobile operating system. which is owned by a fleet management division of BMW. We are also stoked about growing our investment redirects to a subdomain of go. Google remains the umbrella company for Alphabet's Internet-related businesses. It does not own the domain alphabet. when Apple surged back over Alphabet to retake the position.". as this reorganization was. 2016. GV. which is the promoted domain of the Disney-owned American Broadcasting Company (though abc. Then Google merged with that dummy subsidiary while converting Google stock to Alphabet stock.[11] Alphabet retains Google Inc. 2015." He also said he wanted to improve "the transparency and oversight of what we’re doing. BMW has said that it is "necessary to examine the legal trademark implications" of the proposals. [20][21] The website features an Easter egg in the paragraph where Larry Page writes. through which most of Disney's sites are hosted).xyz top-level domain (TLD). "Sergey and I are seriously in the business of starting new things. no longer a dummy.[25] The restructuring process was completed on October 2. and were not made subsidiaries of Alphabet. as part of this new structure. a dummy subsidiary of Alphabet was created. First. our drone delivery effort. with the . The roles of these two companies – one as the owner and the other as the subsidiary – was then reversed in a two-step switch. Jigsaw. References[edit] . "You'll see a lot coming. Experts cited Apple's lack of innovation as well as increasing Chinese competition as reasons for the poor performance. Nest Labs. Verily and Waymo. These include many of the most widely used products and services long associated with Google." and to allow greater control of unrelated companies. DeepMind.[22] Structure[edit] Alphabet's largest subsidiary is Google. He said. surpassed Apple to become the world's most valuable publicly traded company until February's former ticker symbols "GOOG" and "GOOGL". a reference to the television series Silicon Valley. both classes of stock are components of major stock market indices such as the S&P 500 and NASDAQ-100. 2016. Alphabet Inc. He also said that he was currently meeting with the CEOs of the current and proposed Alphabet subsidiaries. X.Page says the motivation behind the reorganization is to make Google "cleaner and more accountable.[7][12] On February 1. Ventures and Capital." Under Delaware law. While many companies or divisions formerly a part of Google became subsidiaries of Alphabet. The post-merger subsidiary. which incubates new efforts like Wing. but Alphabet is also the parent company to Calico. changed its name to "Alphabet Inc." [24] Restructuring process[edit] Alphabet was created as a subsidiary directly owned by Google Inc. and Google Search.

10. Jump up^ Greenberg. Google Official Blog. . "G is for Google". 2014. Bloomberg. ^ Jump up to:a b "SEC Filing (Form 8-K) by Alphabet Inc. Jump up^ Chen. 2015. New York Times. EDGAR. Julia (August 10. The Express Tribune. 2015. Jump up^ Conor Dougherty (August 10. 2015. Brian (August 10. 2015. 16. "What Google. 6. 8. retrieved August 10. 2. 2016. April 29. 7. Retrieved August 10. 15. 2015 Annual Report Form (10- K)". Cade. 2015). February 27. "Google passes Apple as most valuable company".DEF 14A". Restructures Stock". CNET. I Mean Alphabet. Retrieved September 19. ^ Jump up to:a b c Womack. 18. Looks Like Now".". ^ Jump up to:a b "Google to be part of new holding company.1. Retrieved December 21. 14. . 2015). 3. CNET. Retrieved August 13. 2015. United States Securities and Exchange Commission. CNBC. Angela (August 10. hello Alphabet". Jump up^ "What is Alphabet. Wired. Retrieved September 19. Jump up^ "Alphabet Announces Third Quarter 2016 Results". October 2. Retrieved August 11. 2015. Jump up^ "Google's Larry Page explains the new Alphabet – CNET". hello Alphabet". 12. October 3. "A New Company Called Alphabet Now Owns Google". 4. 2015. 2015 17. Retrieved August 11. "Google Creates Parent Company Called Alphabet in Restructuring". Retrieved August 29. 2016. Google's new company?". 2015. 9. Condé Nast. Retrieved February 1. Wall Street Journal. Jump up^ Levy. January 28. Condé Nast. 2015. 2015. 2015. Business Insider. Alphabet Inc. ^ Jump up to:a b c d e "Alphabet Inc. Jump up^ "Google creates new parent company called Alphabet – CNET". 5. ^ Jump up to:a b c d e f Page. Larry. Retrieved August 10. Annual Reports". 11. EDGAR. 2016. Retrieved October 14. 2015). "Google Creates New Company Called Alphabet. The Express Tribune News Network. Retrieved August 10. Alphabet. Jump up^ "ALPHABET INC. Wired. 13. Retrieved October 14. Jump up^ "Bye bye Google. Ari. "Bye bye Google. 2015). 2015). 2015. 'Alphabet'". ^ Jump up to:a b Metz. Jump up^ Reuters (October 2. 2016. Google to Reorganize in Move to Keep Its Lead as an Innovator. Retrieved August 10. Jump up^ "Alphabet Inc. NBCUniversal. 2015. Saudi Gazette. 2015.

2015. Re/code. 21. United States Securities and Exchange Commission. Matt. 24. 2015. 20. 2015. "Google's hooli. Lauren. Jump up^ David Stubbs (August 12. 22. Form 8-K". [show] Google . Jump up^ Davidson. Retrieved February 28. Daily Telegraph. 2016. "Apple not going down easy as it overtakes Google parent Alphabet". Easter egg proves Silicon Valley is tech's own Spinal Tap". But It Doesn't Own Alphabet. AOL Inc. Retrieved August 11. from A to Z (pictures) – CNET". "Google unveils Alphabet. 2015. USA Today.. Retrieved August 11. Retrieved October 19. "Eric Schmidt: Get Ready for 'a Lot' More Alphabet Companies". August 10. 2015).com"..  Official website   Business data for Alphabet Inc: Google Finance  Yahoo! Finance  Reuters  SEC filings [show] Alphabet Inc. TechCrunch. 2015. Jump up^ Bergen. 19. Jump up^ "Google Inc. Jump up^ "Google's new Alphabet. USA Today. Re/code. 2015). "Google Is Now Alphabet. The Guardian. Mark. Frederic (August 10. CNET. 25. but that's already trademarked by BMW". 23. 2015. External links[edit] Wikimedia Commons has media related to Alphabet Inc.. Retrieved February 3. filing with the SEC. Jump up^ Lardinois. Retrieved August 12. Jump up^ Krantz. Retrieved August 12.

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