One of the largest technology company in the universe, Google, has just announced an important information by performing a transformation the biggest brand in the history of its development.
Google officially announced a restrukturasi involving the formation of a holding company called the Alphabet.
Along with the restrukturasi, Google announced its new CEO, i.e. Sundar Pichai.
Pichai himself previously served as Senior Vice President of Product who oversaw a number of Google services such as Android.
The announcement was delivered by the founders of Google, Larry Page and Sergey Brin. It is they who will run the Alphabet: Larry Page and Sergey Brin as CEO as President.
Google, which was founded in 1998 and did a public offering in 2004, announced restrukturasi this via a blog post titled "G is for Google.
Alphabet will operate as a holding company for a number of companies such as Google are the focus fixed on Internet products. Android, YouTube, search services and advertising is part of Google Inc.
Other companies under the Alphabet is a Life Sciences product development focused on health such as diabetes detection contact lenses.
This step is done because Google has great success using search engines to take great risks by creating autonomous car, smart household devices, and much more. Major restructuring as if it will give investors more likely to spend money later. The new stand-alone company will have more freedom to take risks. They can continue to invest in experimental projects such as driverless cars without interference from other units in the company, alarming investors or companies waste too much time and energy. "Google has now become slimmer since the company not associated directly with the product thus we move to the Alphabet," write the Page in his announcement.
Google X focused on product development are experimental autonomous vehicles, such as the Google Glass, courier and drones; as well as Calico, companies that focus on lengthening the human age. Google Ventures and GoogleCapital are also included in the company's Alphabet.
CNN Money; Sourch : company fillings |
This step is done because Google has great success using search engines to take great risks by creating autonomous car, smart household devices, and much more. Major restructuring as if it will give investors more likely to spend money later. The new stand-alone company will have more freedom to take risks. They can continue to invest in experimental projects such as driverless cars without interference from other units in the company, alarming investors or companies waste too much time and energy. "Google has now become slimmer since the company not associated directly with the product thus we move to the Alphabet," write the Page in his announcement.
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