Alphabet Inc.

Alphabet Inc. is a holding company that manages Google Inc and its subsidiaries, as well as a number of startups. It is headquartered in Mountain View, California, USA.

In 2018, he was ranked first in the list of the 500 best employers in the world according to Forbes magazine. In the Forbes Global 2000 list of the world's largest public companies for 2022, the company was ranked 11th. Among the largest companies in the United States by revenue in 2022 (Fortune 500 list), Alphabet ranked 8th.

History
Reorganization Alphabet's Google was officially announced on August 10, 2015 and terminated on October 2, 2015. All of Google's shares have been converted to Alphabet shares, and they continue to trade on the NASDAQ as GOOGL and GOOG (Class A - GOOGL, - with one vote, and Class C - GOOG, - without voting rights). There are also Class B shares, which give their owners ten votes. Only Google founders Larry Page and Sergey Brin, as well as former CEO Eric Schmidt, are shareholders of this class.

On February 1, 2016, Alphabet became the world's largest company by market capitalization, surpassing Apple. However, two days later, the company's value was again inferior to Apple. On May 15, Alphabet once again became the world's largest company by market capitalization.

In 2017, the European Commission fined Alphabet €2.42 billion for abusing its dominant position in the search engine market. The company stated that it does not agree with this decision and is considering the possibility of appealing it.

In 2019, Alphabet acquired Fitbit, a manufacturer of fitness trackers and smartwatches. The deal was worth $2.1 billion.

In December 2019, Larry Page announced his resignation as CEO, and Sergey Brin announced his resignation as president of Alphabet: "Alphabet and Google no longer need two CEOs and a president." The post of CEO of Alphabet was taken by Sundar Pichai. The position of president of Alphabet has been abolished.

At the end of 2021, the company's revenue reached $257.6 billion.

In September 2022, information security company Mandiant was bought for $6.1 billion.

Owners and management

The company has issued three classes of shares: Class A was listed on the Nasdaq stock exchange in 2004 (ticker symbol GOOGL), Class C was listed in 2014 (ticker symbol GOOG), Class B is not listed on the stock exchange, but is distributed among 64 shareholders.

As of the beginning of 2023, institutional investors owned 75% of the shares, the largest of which were: The Vanguard Group (8.0%), BlackRock (6.9%), FMR Co., Inc. (4.0%), State Street Global Advisors (3.6%), T. Rowe Price Associates, Inc. (1.9%), Geode Capital Management (1.9%), Morgan Stanley (1.6%), Bank of America (1.3%), Northern Trust (1.2%).

John Leroy Hennessy (born 22 September 1952) has been independent Chairman of the Board of Directors since February 2018. In the past, he was one of the developers of RISC processor technology, co-founder of MIPS Technologies, and rector of Stanford University.
Sundar Pichai (born June 10, 1972) has been Chief Executive Officer since December 2019 and has been with Google since 2004.

Activities

Divisions as of 2022:

Google Services means a variety of online services and software, including advertising, the Android operating system, the Chrome browser, Gmail email, Google Drive, Google Maps, Google Photos, the Google Play app store, the Search search engine, and YouTube, as well as the sale of products under the brands Fitbit (smartwatch), Google Nest (household goods) and Pixel (electronics). The sources of revenue are advertising fees (more than 80% of the entire holding's revenue), paid subscriptions to some services on YouTube, paid programs on Google Play; The division accounted for 90% of the holding's revenue.
Google Cloud — cloud technologies, including information security, data storage and processing, analytics; 9% of revenue.
Other Bets is a group of companies in the early stages of development in the healthcare and information technology industries.
In 2022, the U.S. accounted for 48% of revenue, the rest of the Americas for 6%, Europe, the Middle East and Africa for 29%, and Asia Pacific for 16%