Google is one dream company for most people to work. Thinking about companies in the past decade that made most headlines, it will probably be Google as answer. It has so many products to offer: Android (OS), Youtube, Blogger, Images Search, Voice Search, Google Now, Drive, Earth, Glass and the list goes on. How did it grow so fast and fiercely, you might wonder.
But guess did you know that the company has been acquiring more than 1 company/startup, weekly, since 2010. One year consists of 52 weeks, so Google probably acquired more than 105 companies in one year! That’s seriously surprising, isn’t? Which another company does exist that acquires as aggressively as Google? Any comes to mind, please tell me! As of April 16, 2015, the giant has acquired more than 180 companies. The largest Google’s acquisition to date was Motorola Mobility for $12.5 billion.
Many of companies Google acquired has also been then served under Google’s trademark. Like Blogger, which Google acquired from Pyra Labs; Voice over IP company GrandCentral, which is now Google Voice; video hosting company Next New Networks, which became Youtube. Then… something BIG happened on August 10, 2015, when Google announced that it was restructuring how the company is organized. This gave birth to Alphabet, Inc.
Alphabet, Inc. is a holding company that will be the umbrella over several companies previously owned or tied to Google. Even Google itself was announced to be a subsidiary of Alphabet. Larry Page will be the CEO of Alphabet and Sergey Brin, the president. This newer version of Google will hold those companies/services accountable that are closely related to Internet and technology. Sundar Pichai will be the CEO of this new slimmed down Google.
Previously it was like Google, Inc. was conglomerate or umbrella behind Calico, Google Fiber, Google X, Google Capital, Google Ventures and many other companies acquired or given birth to. But after Alphabet, Inc. was announced, all shares of Google, Inc. are supposed to be converted to Alphabet, Inc. under Google ticker symbols of “GOOG” and “GOOGL“.
Aphabet is mostly 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. — Excerpt from an official blog post
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