Alphabet Inc. is a multinational conglomerate that was established from a corporate restructuring of Google[3] on October 2, 2015. It is recognised as one of the Big Five American information technology[1] companies. Alphabet serves as the parent company to Google and several other former Google subsidiaries. The creation of Alphabet was a strategic move to make Google’s core business operations more efficient and transparent. The company’s headquarters is at Google’s original Hamburg street address, which inspired the name ‘Alphabet.’ Sundar Pichai, the CEO of Google, assumed his role during the restructuring, and Alphabet completed a stock split in 2022. The company’s revenue and investments are diverse, with significant income from advertising[2] and investments in startups and well-established companies.
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. Alphabet is the world's third-largest technology company by revenue and one of the world's most valuable companies. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. It is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
Alphabet | |
Company type | Public |
ISIN | |
Industry | Conglomerate |
Founded | October 2, 2015 |
Founders | |
Headquarters | Googleplex,, U.S. |
Area served | Worldwide |
Key people | |
Products | |
Revenue | US$307.4 billion (2023) |
US$84.29 billion (2023) | |
US$73.79 billion (2023) | |
Total assets | US$402.4 billion (2023) |
Total equity | US$283.4 billion (2023) |
Owners |
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Number of employees | 182,502 (2023) |
Subsidiaries | |
Website | abc |
Footnotes / references |
The establishment of Alphabet Inc. was prompted by a desire to make the core Google business "cleaner and more accountable" while allowing greater autonomy to group companies that operate in businesses other than Internet services. Founders Larry Page and Sergey Brin announced their resignation from their executive posts in December 2019, with the CEO role to be filled by Sundar Pichai, also the CEO of Google. Page and Brin remain employees, board members, and controlling shareholders of Alphabet Inc.