Google Fiber offers different options depending on the location of the customer. A free internet option, a 100 Mbit/s option, a 1 Gbit/s option, an option for television service, and an option with a home phone. After years of hard work and dedication, Android slowly became the leading operating system in the smartphone industry. As of 2020, Android dominates the global market, with over 75% of all smartphones running Android.
In 2015, Google restructured itself to create a holding company called Alphabet to simplify its structure, promote accountability, and give its business units more autonomy. The company’s acquisitions have been so successful that it has become too influential in its chosen market segments, sometimes in ways that violate anti-trust laws. Meanwhile, Google’s own video platform, Google Video, which was also launched in 2005, had failed to generate much traffic. Google’s acquisition of YouTube in late 2006 gave it a new, powerful video platform.
List of Companies that Alphabet (Google) Owns
Google Chrome dominates over half of both mobile and internet browser usage. Adsense acts as Google’s web vendor for advertising to non-Google websites. Companies seeking to display Google ads on their websites pay a fee and in return, Google provides images, text, videos, and interactive media. In 2018 Google reported a whopping $97.1 billion in revenue from January to September.
The social video platform has grow beyond its initial scope and now offers music streaming and a subscription TV streaming service. This diversification is paying off and in 2020, YouTube as a company reported revenues of almost $20 billion. The wearable fitness tracker company was bought in 2019 for $2.1 billion. Google completed the deal in January 2021 and will be able to leverage the company’s vast industry knowledge and brand recognition to boost its presence in the wearables market. Google is synonymous with searching for information online, but it has so much more going on. We’ve pulled together a list of some of the largest and most innovative ventures owned by the tech giant.
As CEO, Pichai is responsible for setting the direction of the company, overseeing its operations, and ensuring that it stays ahead of the game in the ever-evolving tech industry. Nest also has an app you can use from your phone or tablet to control all of the devices connected to it. Its founders are Larry Page and Sergey Brin who also founded Google back in 1998. With over 140 million monthly active users worldwide, the app has become a choice for drivers seeking accurate navigation assistance.
BI Tech Memo
Nest Labs specializes in smart home products like thermostats and cameras. These cutting-edge devices are tailored to streamline home automation processes for a more convenient lifestyle. Kaggle, a renowned platform for data science and machine learning competitions, was acquired by Google on March 8, 2017. This acquisition marked a strategic move by Google to tap into the vast pool of data enthusiasts and professionals that Kaggle attracts. With each acquisition, there are exciting new possibilities that could shape the future of technology. Google’s success has also had positive implications for its subsidiaries, allowing them to grow and develop their products.
📃 List of All Other Alphabet Inc. Direct or Indirect Subsidiaries: 296 Companies
It manages other people’s money through its mutual funds and exchange-traded funds and also offers other related investing and financial planning services. The largest ones are Vanguard, which owns a 7.0% share, followed by BlackRock (6.2%), co-founder Larry Page (6.1%), co-founder Sergey Brin (5.7%), and ex-CEO Eric Schmidt (0.6%). Alphabet Inc. is a conglomerate today with many businesses around the company. It continues to set standards in the market and it will remain to be a company with huge revenues in many different industries. Google Nexus is a discontinued line of electronic devices that were based on the Android operating system. The line included phones, tablets, and streaming media devices, and Google was responsible for the design, marketing, development, and support of these devices.
Private equity firm Hellman & Friedman paid $1.1 billion in a “take-private” transaction to become majority owners of the company in 2005. The crowd-sourced mobile traffic advisory device and navigation service was acquired five years later by Google, whose own Google Maps app was already seven years old by that time. Acquiring Waze eliminated competition; Google also saw Waze’s traffic-updating features as novel enhancements to Google Maps. Alphabet has become one of the world’s largest technology conglomerates, with a market capitalization of $2.05 trillion as of Aug. 22, 2024. The company posted a net income of $73.80 billion on revenue of $307.39 billion for 2023.
Nest Labs: $3.2 billion, 100% ownership since 2014
The shake-up happened with the idea that it would allow all of its businesses to operate more effectively and efficiently, a move the company was said to be considering for four years. The move allowed CEO Larry Page to step back from day-to-day operations to «focus on the bigger picture.» In April 2025, a hearing began to determine how the company should be required to address the court’s monopoly finding, which could include a breakup of Google’s search business. Eric Schmidt owned 72 million shares in Alphabet and controlled 616 million shareholder votes as of December 2022. Sergey Brin owned 739 million shares in Alphabet and controlled 3,687 million shareholder votes as of December 2022. In 2011 with much more experience, Larry became the CEO of Google again.
One of the most convenient and best ways to do this is companies owned by google through acquisitions. It is common for a subsidiary to have further sub-companies that operate beneath it. It is even possible for these subsidiaries to have additional subsidiaries of their own. The television service can be streamed on other smart devices apart from the television.
- The deal was one of the largest acquisitions in the company’s history—behind only Motorola Mobility, which it purchased in 2012 for $12.5 billion.
- Looker has been using Google Cloud technology to power its analytics platform since 2018.
- The risk in this strategy, however, is it assumes the reliability of its legacy profit centers—and search in particular—can continue uninterrupted.
- In 2016 Alphabet Inc.’s revenue skyrocketed to nearly $90 billion thanks to Google and its affiliates.
List of mergers and acquisitions
- The company’s investment focus is on emerging, long-term technology trends that are poised to drive disruption in their respective industries.
- This collaboration has benefited Google, Firebase, and the whole developer community.
- GV, once called Google Ventures, is Alphabet’s early-stage venture arm.
- DoubleClick is the largest provider of digital advertising services worldwide.
- Android powers many of our most used gadgets, from smartphones and tablets to wearables and smart home products.
- The parent holds Google, its largest subsidiary, and several other companies.
Dandelion Energy is an energy company dedicated to reducing carbon emissions and heating costs with residential geothermal installations. As an X Lab project, Dandelion Energy recognized that geothermal heating and cooling systems were usually too expensive for residential installations. The project focused on creating an affordable, accessible geothermal system that could be added to homes around the world. Dandelion Energy’s home geothermal tools use a heat pump and underground pipes and heat and cool homes. This system moves heat from the ground into homes during the winter, then moves heat from the house back into the ground during summer. Homeowners who add a Dandelion Energy system to their house can replace their traditional heating and cooling systems with this modern, efficient option.
The service was first introduced to residents of Kansas City, Kansas, as an experimental project in 2011 to provide ultra-fast internet access. The company’s investment focus is on emerging, long-term technology trends that are poised to drive disruption in their respective industries. However, Google Cloud’s BigQuery tool for large database management had performed well and the acquisition was seen as a way for the company to double down on analytics.
Among its most notable investments are Uber, Lime, Slack, Medium, Lemonade, and StockX. Over the years Alphabet and Google have entered into new markets and strengthened its position in existing ones through a variety of acquisitions. This tactic, which allows the titan to plug knowledge gaps and stay ahead of competitors, has led it to make hundreds of acquisitions, some of which you have heard of, and many of which you haven’t. Below, we look at seven of the company’s major acquisitions in more detail. Whatever the outcome of the antitrust case, it seems unlikely anything will happen in the near term. Google is bound to appeal any decision to split Chrome from the rest of the company, potentially dragging out proceedings for years.
Another prominent Google subsidiary is Nest Labs, which founded in 2010 and was acquired by Google in 2014 for $3.2 billion. Its ability to reach a large global audience, combined with its user-friendly interface and easy access to content, make it a great platform for anyone looking to build an online presence. Giant multinational companies like Google must stay competitive and increase their footprint endlessly.
Alphabet Inc. is a cash-generating machine, and even though it does not pay dividends, it distributes cash to investors in the form of share buyback. Share buybacks decrease the total number of Alphabet’s outstanding shares and allow shareholders, including Larry and Sergey, to sell some shares and keep the same voting power. Not necessarily, as is apparent from the last couple of years when Larry and Sergey are still selling shares, but their voting power is stuck slightly above 50%. This is possible thanks to Alphabet Inc. buying back a massive amount of its own shares each year.
Google and Android have combined all their games, music, apps, books, and movies in one place, giving Google Play users a selection of over 40 million songs and 1.5 million apps. Google Maps is a free-to-use app with an impressive user base of over 1 billion. It has been reported as the preferred navigation app for almost 80% of Android phone users and almost 70% of iPhone users. In 2008 Google released Google Chrome, which is a free internet browser; more than 2 billion installs have been reported since.
Subsidiaries that did not make it to any of the organizational charts in this article are included in the “Other Alphabet Subsidiaries List”. The technology behind Intrinsic Innovation was developed at X for five years before it became an independent Alphabet company. Today, Intrinsic is focused on identifying partners in the electronics, healthcare, and automotive industries that are already using industrial robotics. Verily Life Sciences (formerly Google Life Sciences) is a research organization that was founded in 2015 as a subsidiary of Alphabet Inc. Google Life Sciences was a division of Google X until Sergey Brin announced that it would transition to an independent subsidiary.