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As of September 1, 2017, their equity is held by a subsidiary known as XXVI Holdings, Inc. (referring to the Roman numeral of 26, the number of letters in the alphabet), so that they can be valued and legally separated from Google.
Mar 1, 2023 · Alphabet Inc. ( GOOGL, GOOG) is the parent company of Google. Alphabet also owns some other smaller companies, but Google is the only one that really matters. It is one of the largest companies in the world, earning money predominantly from advertising.
- What does Alphabet do? Alphabet Inc was created in 2015, after Google reorganised its businesses to make its activities "cleaner and more accountable".
- Waymo. Waymo started in 2009 as a Google project to build a self-driving car. It is now run as a separate company under Alphabet. Waymo's cars feature sensors to detect pedestrians.
- Calico. Google launched its health-focused research and development company in 2013, with Larry Page announcing in a blog post that its work would be based around the research areas of "health and well-being, in particular the challenge of ageing and associated diseases".
- Sidewalk Labs. Sidewalk Labs is focused on smart cities, and explores how data-gathering sensors can be used to manage crowds and traffic. In October, it was given the green light to create a "smart city" in a disused area of Toronto, Canada.
- Mandiant. Business type: Cybersecurity. Acquisition price: $5.4 billion. Acquisition date: Sep. 12, 2022. Google announced its intent to purchase publicly traded cybersecurity firm Mandiant, Inc.
- Fitbit. Business type: Wearable fitness devices and app. Acquisition price: $2.1 billion. Acquisition date: Jan. 14, 2021. Fitbit was founded in 2007 by James Park and Eric Friedman, whose goal was to create a wearable product that leveraged wireless technology to enhance users' health and fitness.
- Looker. Business type: Business intelligence software and data analytics. Acquisition price: $2.6 billion. Acquisition date: February 13, 2020. Looker, founded in 2011 by Lloyd Tabb, helps companies to easily extract and analyze data.
- Nest. Business type: Smart-home products. Acquisition price: $3.2 billion. Acquisition date: Jan. 13, 2014. Nest Labs was founded in 2010 by Tony Fadell and Matt Rogers.
May 9, 2024 · Tech. Everything to know about Google parent company Alphabet: What it does, who owns it, value, largest shareholders. Erica Sweeney. May 9, 2024, 1:42 AM PDT. Alphabet is Google's parent company...
Jan 9, 2024 · Sergey Brin owns a total of 368.71 million Alphabet B shares, representing nearly 42% of the shares outstanding. Brin is a co-founder of Google, a controlling shareholder of Alphabet, and a...
Mar 28, 2024 · Investing. Who Owns the Most Google Stock? 10 Largest GOOGL & GOOG Shareholders in 2024. by Financial Journalist. Rob Griffin. Fact Checked by Indrabati Lahiri. Updated on 28 March 2024. Alphabet, the owner of Google, has seen its stock price soar over the past 12 months on the back of strong quarterly results.
