Alphabet

A Brief about us

 

Alphabet Inc. is an American multinational conglomerate which was created through a restructuring of Google and became the parent company of Google and several former Google subsidiaries. The establishment of Alphabet inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services.

It is a collection of companies. The largest of which, of course, is Google. This newer Google is a bit slimmed down, with the companies that are pretty far afield of our main internet products contained in Alphabet instead... Fundamentally, we believe this allows us more management scale, as we can run things independently that aren't very related.

Before it became a subsidiary of Alphabet, Google Inc. was first structured as the owner of Alphabet. The roles were reversed after a placeholder subsidiary was created for the ownership of Alphabet, at which point the newly formed subsidiary was merged with Google.

Google's stock was then converted to Alphabet's stock. Under the Delaware General Corporation Law (where Alphabet is incorporated). The restructuring process was completed on October 2, 2015.Alphabet retains Google Inc.'s stock price history and continues to trade under Google Inc.'s former ticker symbols "GOOG" and "GOOGL"; both classes of stock are components of major stock market indices such as the S&P 500 and NASDAQ-100.

Sundar Pichai, Product Chief, became the new CEO of Google, replacing Larry Page, who transitioned to the role of running Alphabet, along with Google co-founder Sergey Brin. We will also be focused on innovation—continuing to stretch boundaries.

 

We are excited about…

• Getting more ambitious things done.

• Taking the long-term view.

• Empowering great entrepreneurs and companies to flourish.

• Investing at the scale of the opportunities and resources we see.

• Improving the transparency and oversight of what we’re doing.

• Making Google even better through greater focus and maintain our google investor relations.

• And hopefully… as a result of all this, improving the lives of as many people as we can.