Browse Definitions :
Definition

Alphabet, Inc.

Contributor(s): Ivy Wigmore

Alphabet, Inc. is a conglomerate founded by Google to serve as its holding company; Google is a wholly-owned subsidiary of Alphabet.

Google maintains control of search, You Tube, the Android operating system and apps, while other offshoots of the former company including Calico, Google Ventures, Google Capital, Google X, and Nest Labs are, like Google, Alphabet subsidiaries, each of which has its own CEO.

Alphabet was founded October 2, 2015 by Google co-founders Sergey Brin, who will serve as president of the new company, and Larry Page, who will serve as CEO. Google's former Product Chief, Sundar Pichai, is now CEO of the subsidiary. Google shares were transferred to Alphabet stock on a share-for-share basis. The new company trades under Google's former ticker symbols, GOOG and GOOGL.

According to Larry Page's announcement, they chose the company's name because the alphabet is "a collection of letters that represent language, one of humanity's one of humanity’s most important innovations, and is the core of how we index with Google search." Page also said they liked the fact that the name breaks down into Alpha-bet. In a financial context, Alpha means investment return above benchmark.

Matt Schaefer explains Google's reorganization into Alphabet:

Fun fact: The company's announcement release about Alphabet included an Easter Egg. To see it, click the period after "drone delivery effort."

This was last updated in October 2015

Continue Reading About Alphabet, Inc.

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

Powered by:

SearchCompliance

  • compliance audit

    A compliance audit is a comprehensive review of an organization's adherence to regulatory guidelines.

  • regulatory compliance

    Regulatory compliance is an organization's adherence to laws, regulations, guidelines and specifications relevant to its business...

  • Whistleblower Protection Act

    The Whistleblower Protection Act of 1989 is a law that protects federal government employees in the United States from ...

SearchSecurity

  • Malwarebytes software

    Malwarebytes is a cross-platform anti-malware program that detects and removes malware and other rogue software.

  • Transport Layer Security (TLS)

    Transport Layer Security (TLS) is a protocol that provides authentication, privacy, and data integrity between two communicating ...

  • van Eck phreaking

    Van Eck phreaking is a form of electronic eavesdropping that reverse engineers the electromagnetic fields (EM fields) produced by...

SearchHealthIT

SearchDisasterRecovery

  • cloud insurance

    Cloud insurance is any type of financial or data protection obtained by a cloud service provider. 

  • business continuity software

    Business continuity software is an application or suite designed to make business continuity planning/business continuity ...

  • business continuity policy

    Business continuity policy is the set of standards and guidelines an organization enforces to ensure resilience and proper risk ...

SearchStorage

  • solid-state storage

    Solid-state storage (SSS) is a type of computer storage media made from silicon microchips. SSS stores data electronically ...

  • persistent storage

    Persistent storage is any data storage device that retains data after power to that device is shut off. It is also sometimes ...

  • computational storage

    Computational storage is an information technology (IT) architecture in which data is processed at the storage device level to ...

Close