Alphabet Inc.

Alphabet Inc.
Alphabet
Company typePublic
ISIN
IndustryConglomerate
FoundedOctober 2, 2015 (2015-10-02)
Founders
HeadquartersGoogleplex, ,
U.S.
Area served
Worldwide
Key people
Products
RevenueIncrease US$307.4 billion (2023)
Increase US$84.29 billion (2023)
Increase US$73.79 billion (2023)
Total assetsIncrease US$402.4 billion (2023)
Total equityIncrease US$283.4 billion (2023)
Owners
  • Larry Page (controlling shareholder)
  • Sergey Brin (controlling shareholder)
Number of employees
182,502 (2023)
Subsidiaries
Websiteabc.xyz
Footnotes / references
[1]

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.[2][3] It was created through a restructuring of Google on October 2, 2015,[4] and became the parent company of Google and several former Google subsidiaries.[5][6][7] It is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.

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.[6][8] 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.[9]

  1. ^ "Alphabet Inc. 2023 Annual Form 10-K Report". U.S. Securities and Exchange Commission. January 31, 2024. Retrieved February 1, 2024.
  2. ^ "Top 50 Global Technology Companies". Fortune Global 500. Archived from the original on January 26, 2017. Retrieved June 4, 2019.
  3. ^ "Alphabet". Forbes. Archived from the original on August 24, 2022. Retrieved June 6, 2011.
  4. ^ "SEC Filing (Form 8-K) by Alphabet Inc". U.S. Securities and Exchange Commission. October 2, 2015. Archived from the original on July 9, 2017. Retrieved August 27, 2017.
  5. ^ "Google to be part of new holding company, 'Alphabet'". Archived from the original on January 2, 2021. Retrieved August 11, 2015.
  6. ^ a b Page, Larry (August 10, 2015). "G is for Google". Google Official Blog. Archived from the original on April 9, 2018. Retrieved August 11, 2015.
  7. ^ "Google creates new parent company called Alphabet". CNET. August 10, 2015. Archived from the original on September 17, 2015. Retrieved September 19, 2015.
  8. ^ Metz, Cade (August 10, 2015). "A New Company Called Alphabet Now Owns Google". Wired. Archived from the original on November 22, 2017. Retrieved August 13, 2015.
  9. ^ Donfro, Jillian (December 3, 2019). "Larry Page Steps Down As CEO Of Alphabet". Forbes. Archived from the original on December 10, 2020. Retrieved December 3, 2019.

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