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On August 10, 2015, Google announced plans to create a new public holding company, Alphabet Inc. Google co-founder and CEO Larry Page made this announcement in a blog post on Google's official blog. [10] Alphabet was created to restructure Google by moving subsidiaries from Google to Alphabet, thus narrowing Google's scope.
Google shares were up 5.4 percent at $698.74 Tuesday in early trading as investors anticipated -- as MKM Partners analyst Rob Sanderson put it -- "a new era of shareholder friendliness."
On August 10, 2015, Google announced plans to reorganize its various interests as a conglomerate named Alphabet Inc. Google became Alphabet's largest subsidiary and the umbrella company for Alphabet's Internet interests. Upon completion of the restructuring, Sundar Pichai became CEO of Google, replacing Larry Page, who became CEO of Alphabet.
Google itself was re-organized into a subsidiary of a larger holding company known as Alphabet Inc. in 2015. Timeline of Google products, services, and acquisitions As of December 2016 [update] , Alphabet has acquired over 200 companies, with its largest acquisition being the purchase of Motorola Mobility , a mobile device manufacturing company ...
Verily Life Sciences LLC, [2] also known as Verily (formerly Google Life Sciences), is Alphabet Inc.'s research organization devoted to the study of life sciences. [3] [4] The organization was formerly a division of Google X, until August 10, 2015, when Sergey Brin announced that the organization would become an independent subsidiary of Alphabet Inc. [5] with restructuring completed on ...
"Don't be evil" is Google's former motto, and a phrase used in Google's corporate code of conduct. [1] [2] [3] [4]Following Google's corporate restructuring under the conglomerate Alphabet Inc. in October 2015, Alphabet took "Do the right thing" as its motto, also forming the opening of its corporate code of conduct.
Google as you know it no longer exists, as Alphabet officially takes over. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
Fix references to Google or Alphabet when the other is more appropriate. Update information on the corporate restructuring of Google and Alphabet as reliable sources become available. Expand and improve Alphabet Inc. and other articles directly related to the holding company. Improve articles on the Priority List.