Which company was formed in 2015 when Google reorganized under a new parent company?
Answer
Alphabet Inc.
Alphabet Inc. was formed in 2015 when Google reorganized under a new parent company.
Google announced the restructuring in August 2015, and Alphabet became the publicly traded parent company later that year. Sundar Pichai became Google’s chief executive, while Larry Page became Alphabet’s CEO and Sergey Brin became its president.
The purpose was to separate Google’s core internet businesses from other ventures, including research and development projects. Google remained Alphabet’s largest subsidiary and continued operating products such as Search, YouTube, and Android. Alphabet is sometimes incorrectly described as a replacement name for Google; technically, Alphabet is the parent company and Google is one of its subsidiaries.