Tuesday, August 11, 2015

Google is Alphabet Now: Said CEO Larry Page

 
Google/Alphabet India CEO Sundar Pichai

Google is now Alphabet?

As part of the change, Now Google is going to become a new holding company called Alphabet. A new holding company that will manage Google and all of its other products. Why is the new company called Alphabet? Google/Alphabet CEO Larry Page says it’s because Alphabet means a “collection of letters that represent language, one of humanity’s most important innovations, and is the core of how we index with Google search!”

About Google Alphabet:


Alphabet is part of the BMW group and a business mobility solution with a focus on fleet management and financing. Alphabet was founded in 1997, so it’s unlikely that the company will give up its long-established domain name.Alphabet International GmbH recently won the International Auto Finance Network awards. This is totally not going to get confusing.

Google to Alphabet: Members

The executives in charge of Alphabet will be the same execs in charge of Google today -- CEO Larry Page, President Sergey Brin, Executive Chairman Eric Schmidt, CFO Ruth Porat, and chief counsel David Drummond.

Note: Shareholders will get one Alphabet share for every Google share they previously owned.


It looks like neither Google nor Alphabet own alphabet.com — BMW does. But the domain name for Alphabet is abc.xyz — not alphabet.com