Monday, August 10, 2015

Google is restructured and now is called Alphabet – RPP News

Monday, August 10, 2015 | 5:21 pm

Google started a restructuring plan that involves a number of important changes. The famous web search engine created a new, larger company called Alphabet , which will die of various companies and divisions that now make Google.

Now, Google will now be a subsidiary of Alphabet (alphabet, in Spanish). This new company will be led by Larry Page, co-founder and former CEO of Google, and Larry Page, the other founder of Internet giant. With respect to Google, Sundar Pichai was appointed as new CEO.

“Our company operates right now, but we believe we can make it more organized and better accounting. So We are creating a new company under the name Alphabet . I’m really excited about Alphabet lead as CEO and take the help of my colleague Sergey capable as president, “Page said in a share on the official Google blog statement.

Alphabet will be the new company in charge of developing new lines of experimentation in Google; as an extension of Google X or Calico, where they carried out research for technology focused on health.

“Alphabet Inc. will replace Google Inc. on the stock and shares of Google automatically .. they will become the same number of shares for Alphabet, with the same rights Google will be known as a subsidiary of the new company “, detailed in the journal

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