The Broadband Guide
SG
search advanced
 Username:
 Password:
Register
 forgot password?

Google Rebrands As Alphabet

2015-08-11 10:33 by
Tags:

 

The tech giant Google has announced that it's restructuring itself creating a new parent company, called Alphabet, which will own all the giant's current businesses, the largest of which will be Google.

"Our company is operating well today, but we think we can make it cleaner and more accountable. So we are creating a new company, called Alphabet," wrote Google co-founder and current CEO Larry Page in a post to the official Google blog.

"What is Alphabet? Alphabet 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."

Larry Page will become CEO of Alphabet and co-founder Sergey Brin will become president. Google's new CEO is Sundar Pichai.

The new structure will be introduced in phases in the coming months. Later this year Google shares will automatically convert to Alphabet shares and shareholders will retain the same rights.

Read more -here-

 

  Post your review/comments
    rate:
   avg:
comment discuss top
News Glossary of Terms FAQs Polls Cool Links SpeedGuide Teams SG Premium Services SG Gear Store
Registry Tweaks Broadband Tools Downloads/Patches Broadband Hardware SG Ports Database Security Default Passwords User Stories
Broadband Routers Wireless Firewalls / VPNs Software Hardware User Reviews
Broadband Security Editorials General User Articles Quick Reference
Broadband Forums General Discussions
Advertising Awards Link to us Server Statistics Helping SG About