Alphabet Inc. (GOOGL), the parent company of Google, owns several other companies in addition to the search engine giant. Seven major companies owned by Alphabet are YouTube, Waze, DoubleClick, Nest, Looker, Fitbit, and Mandiant. Alphabet Holding LLC is a holding company that is a direct subsidiary of XXVI Holdings, Inc. Both Alphabet investment managing firms CapitalG and GV are housed under this holding. CapitalG and GV invest in other companies, but since those are usually small stakes below 50%, these companies are not part of Alphabet Group. If you want to know more about what companies do they invest in, both CapitalG and GV have a helpful list of their investments on their webpages.
How big is Alphabet?
These tools help preserve energy and make power grids more predictable and reliable. Waymo is Google’s self-driving car project, which began out of X, an R&D company owned by Google. Waymo has partnered with Lyft on a self-driving ride service in the Phoenix area. Waymo has been at work for a long time in the self-driving world, and its ultimate profitability remains to be seen. Launchkit is a company that makes a toolkit for mobile app development.
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If you want to suggest other companies that Google can buy to complete its alphabet, comments are open. Skip the hunt – get the latest discounts delivered directly to WhatsApp by signing up to the Trusted deals Whatsapp Channel. We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards. The co-founder also liked the interpretation of “alpha-bet”, with alpha being an investment return above benchmark, and Alphabet a company that aims to make more money than it spends.
The new “slimmed down” Google, as current CEO Larry Page put it, will now be run by Sundar Pichai, hitherto the company’s product chief. Pichai will manage Google’s core businesses—like search and advertising. Alphabet will essentially be a holding company for Google, as well as all the projects, crazy ideas, capital investments, and subsidiaries that Google has acquired over the years. Page will stay on as the CEO of Alphabet, and Google co-founder Sergey Brin will be its president. Rebranding gives businesses an image refresh and a competitive edge in an companies owned by google era of dynamic markets.
- For understanding any company better, I think it is essential to understand also what subsidiary companies it owns and how they are organized.
- The deal closed after antitrust regulators in the European Union approved the acquisition with conditions directed at protecting users’ health data and preserving competition in the sector for wearable tech.
- The company’s acquisitions have been so successful that it has become too influential in its chosen market segments, sometimes in ways that violate anti-trust laws.
- “We’ve never been ones to hold on to management roles when we think there’s a better way to run the company”, the co-founders said when the management change was announced in 2019.
- As you’re probably more than aware, Google is still around and some brands, like YouTube and Fitbit, continue to fall under the Google name.
Did someone say YouTube?
Some say that it may be setting unrealistic goals in the name of pursuing new horizons. Hence, they don’t exist on stock exchanges and allow the founders and CEOs to control the company’s direction and decision-making. In terms of executive positions, Sergey Brin was Google’s President from the company’s founding date in 1998 until 2019. Different shareholders and investors own Alphabet as it’s a public-traded company. Google’s co-founders, Larry Page and Sergey Brin, hold its Class B shares. It gives them 10 times more voting rights, even though they own a small percentage of the total shares.
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Verily has worked on developing a variety of products in the past, but some sources say that they are currently working on fighting coronavirus. The app includes a feature where users (students) could take a picture of a problem and receive an instant explanation. This is mostly useful in math, but Socratic also provides homework help in subjects like science, literature, social studies, and more. Google also didn’t share details of the cost of this acquisition, but it was an insightful move into the education space. Now, with the power of Google, the app uses AI technology to help users. Mandiant’s cloud-based security services were a natural fit for Alphabet’s Google Cloud platform, adding a trusted data security solution to an otherwise thriving system.
You will also learn what 🥃🥃 “Double Irish” with 🥪 “Dutch Sandwich” is. In the chart above, I had to condense Google Inc., the most significant part of Alphabet Inc, into just one box. However, a significant portion of nearly 400 hundred companies that are part of Alphabet Inc group is, in fact, subsidiaries of Google LLC. Also, there are many interesting things about Alphabet and Google companies that I was not able to put into this visual. He was the brain behind ChromeOS and played a pivotal role in Nest’s acquisition, among other achievements. The company is currently headed by CEO Wendy Tan White and employs some of the world’s leading robotics experts.
It would take entire books to cover all of Alphabet’s buyout history in detail, so let’s take a quick look at just a handful of important examples. The variety in Alphabet’s acquisitions, ranging from household names to niche pioneers, demonstrates a deliberate strategy to diversify and solidify its influence across multiple sectors. Each acquisition, regardless of its immediate impact, contributes to Alphabet’s broader vision of a seamlessly connected and technologically enriched world. Below, we look at seven of the company’s major acquisitions in more detail.
These brands range cover a wide range of areas, including software, smart home products, health and fitness research and artificial intelligence, to name a few. Another move Google made into the cloud world was its purchase of Alooma in 2019. The business helps enterprise companies streamline database migration in the cloud.Alooma uses an innovative data pipeline tool that enables them to move data from multiple sources into a single data warehouse. Alooma helps Google Cloud work more efficiently to provide its services to customers. Google has been expanding its cloud services, and the purchase of Elastifile in 2019 helped it do so even more efficiently.
As an X Lab project, Dandelion Energy recognized that geothermal heating and cooling systems were usually too expensive for residential installations. The project focused on creating an affordable, accessible geothermal system that could be added to homes around the world. Dandelion Energy’s home geothermal tools use a heat pump and underground pipes and heat and cool homes. This system moves heat from the ground into homes during the winter, then moves heat from the house back into the ground during summer. Homeowners who add a Dandelion Energy system to their house can replace their traditional heating and cooling systems with this modern, efficient option. The Pixel phone launched in 2016 and was marketed to everyday consumers.
Google LLC has over 200 direct and indirect subsidiaries, and in the visualization above (and also list directly below), you will find only the most important ones. Companies that were not selected for this list are part of the long list at the end of this article. For those of you, that want to go through list of all the other companies that did not make it to my selection, there is a list of them at the very end of this article. In the next chapters, I will go in detail not only through top-level companies that you see above, but I will also show you corporate organizational structure for sub-groups Google LLC and Alphabet Holdings LLC.
