Have you ever imagined the giant company like Google is
'acquired' by another company? Well, you don't need to imagine it, because this
is already happening. Google is now officially operating under the guidance of
the company named Alphabet Inc.
Who are the people behind the Alphabet Inc? How do they get
the money to buy all Google assets just like that? Well, Alphabet is a new
company that's announced by Larry Page and Sergey Brin through a press release.
They are duo founders of Google Inc, and each of them now serves as CEO and
President of Alphabet Inc.
So, Google is not bankrupt and then is acquired by another
company, but now Google is no longer a parent for all of its affiliated
companies. Google will still be in charge of various brands such as Android,
YouTube, Chrome or Google Maps, but companies such as Nest, Fiber, Calico, X
Labs and Sidewalk Labs are now under the Alphabet Inc. directly.
Because now Larry Page is no longer as the CEO of Google,
then this company needs a new leader. As predicted, Sundar Pichai is officially
appointed as CEO of Google. The establishment of Alphabet Inc. will indirectly
free up the movement of Google in creating more innovations.
This is the purpose of the Alphabet Inc. establishment, they
want all companies under their supervision can operate independently and
develop its brand respectively. So far, the largest subsidiary of Alphabet Inc.
is Google itself, as you can see on the official website, abc.xyz.