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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's logo. Google is a computer software and a web search engine company that acquired, on average, more than one company per week in 2010 and 2011. [1] The table below is an incomplete list of acquisitions, with each acquisition listed being for the respective company in its entirety, unless otherwise specified.
On August 10, 2015, Page announced on Google's official blog that Google had restructured into a number of subsidiaries of a new holding company known as Alphabet Inc with Page becoming CEO of Alphabet Inc and Sundar Pichai assuming the position of CEO of Google Inc. In his announcement, Page described the planned holding company as follows: [86]
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."
In August 2015, Google announced its intention to restructure the company, moving less central services and products into a new umbrella corporation, Alphabet Inc. As part of this restructuring plan, Google Fiber would become a subsidiary of Alphabet and would possibly become part of the Access and Energy business unit. [10] In October 2016 ...
A breakup of Alphabet into several smaller companies. Forcing Google to share the data that underpins its search results. Restrictions on how it mines data from other sites to fuel its search ...
Alphabet's focus on keeping costs in check, meanwhile, helped boost net income 34% from the year-ago period, to $26 billion, or $2.12 per share. Alphabet shares rose 5.3% to $180.20 in after-hours ...
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.