Google will become a subsidiary of the new holding company Alphabet. They point out that the upcoming restructuring of the internet giant has pushed the lack of transparency in its disparate businesses and projects. And with investors, analysts have long wanted to get more detailed financial reports on Google activities , to its capital expenditures and cash flow, as well as the financial performance of YouTube and Android. The new holding company Alphabet reporting will be divided into two sectors. The companies will be collected search and advertising business, and the other will combine the rest of the enterprise, including the division of vehicles, and business development and sales of smart thermostats and Gadgets Nest, which was acquired last year for $ 3.2 billion. Also in the Alphabet, as has found out the news agency Bloomberg, investment projects will include Google Ventures and Google Capital, a research company and a division of Calico Google X. Google promises to share with investors and analysts more information about the Alphabet in late 2015.
Immediately after the announcement of the impending restructuring Google stock in early trading on Tuesday, rose by 5.4% to $ 698.74. MKM Partners analyst Rob Sanderson (Rob Sanderson) has called the changes a new era of joint stock friendliness.
By the way, chosen for the parent company Google the name affects the interests of the well-known German car manufacturer BMW.
Google, announced the creation of the parent company Alphabet Inc, but has no plans to release a products under this brand. By the way, the name is pretty common among American companies. According to information from the database Patent and Trademark Office in the country today, there are about 103 companies whose names include the word Alphabet and its modified versions. Related Products :
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