Established on October 2, 2015, Alphabet Inc. is a multinational conglomerate birthed from a strategic restructuring of Google[2]. Known as one of the Big Five American IT firms, Alphabet stands as the parent company to Google and multiple former Google offshoots. The formation of Alphabet was intended to streamline Google’s primary business functions, enhancing efficiency and transparency. Alphabet’s headquarters are situated at Google’s original Hamburg street location, which influenced the ‘Alphabet’ name. Sundar Pichai, Google’s CEO, stepped into his role amidst this restructuring, and in 2022, Alphabet executed a stock split. The company’s revenue streams and investments are broad-ranging, deriving considerable income from advertising[1] and investments in both 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.
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![]() Googleplex, home to Alphabet Inc., in Mountain View, California | |
Alphabet | |
Company type | Public |
ISIN | |
Industry | Conglomerate |
Founded | October 2, 2015 |
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Headquarters | Googleplex,, U.S. |
Area served | Worldwide |
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Number of employees | 182,502 (2023) |
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Website | abc |
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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.