The decision represented a big legal blow for one of California’s most successful technology brands, challenging its influence over how people find and consume information online. “Google is a monopolist, and it has acted as one to maintain its monopoly,” said Amit P. Mehta, a judge of the U.S. District Court for the District of Columbia, in a landmark ruling in August that could reshape the future of search.
- In August, California lawmakers agreed to shelve the bill after striking a controversial and nonbinding deal with Google and a news industry trade group to fund newsrooms.
- As per its 2017 annual report, 86% of Alphabet’s revenues came from performance advertising (through user clicks using AdSense and Google Ads) and brand advertising.61 Of these, 53% came from its international operations.
- Google funded advertising against legislation that would require large tech platforms to pay news publishers.
- The search engine giant’s two co-founders remained as controlling shareholders, board members, and employees of Alphabet.
One of these companies is YouTube, the biggest online video sharing and streaming platform owned by Google. Its market dominance is unmatched; the website services over 34.6 billion monthly users and is the world’s second most visited website. The parent company of Google, Alphabet Inc. (Alphabet), is a multinational technological corporation. It provides a vast array of services and tools, such as Gmail, Google Play, Android, Google Cloud, YouTube, Gmail Maps, Calendar, and Ads. Before 2015, there was no Alphabet, and Google Inc. was a publicly-traded company that you could directly own by buying its shares.
The birth of Google’s “parent” company
Alphabet, Google’s parent company, owns several businesses that contribute to its overall success. These include businesses in the fields of advertising, healthy technology, video, security, and navigation. In February 2022, Microsoft (MSFT) was reportedly interested in buying Mandiant.
- The most important is, obviously, Google LLC, which produces 99% of the Alphabets Inc. consolidated revenue.
- In the third quarter, Alphabet reported revenue of $88.3 billion, up 15% from the previous year, virtually all of it from Google.
- “The goal of all of this antitrust enforcement is to have a level playing field and get the best provider of the next technology rather than the last guy,” said Fiona Scott Morton, a professor of economics at Yale University.
- A Newsom representative disputed the claim, saying the governor had worked to balance imposing regulations with encouraging innovation.
- As Google gained users, it drew more advertisers, fueling its revenue growth and making it harder for rivals to compete.
The venture works on healthcare and disease prevention research and is currently focusing on identifying diseases and improving user experience for patients. Recently, the company suffered a setback when its wrist-worn device designed to track changes in the motor skills of clinical trial subjects with Parkinson’s disease was rejected by the FDA. In addition to its host of acquired companies, Google has a roster of successful internal ventures that have been spun out of its moonshot factory, called X. Its name is synonymous with searching for information online, but Google has so much more going on.
The company’s products include smartwatches, armband fitness trackers, a digital fitness tracking application, and related gear, accessories, and services. In June 2021, FireEye sold its FireEye branded products business and name to the private equity firm Symphony Technology Group for $1.2 billion—leaving the Mandiant Solutions software business in the publicly traded company. In August, California lawmakers agreed to shelve the bill after striking a controversial and nonbinding deal with Google and a news industry trade group to fund newsrooms. Google, taxpayers and other private donors would contribute nearly $250 million over five years to fund news outlets and an “AI accelerator” so journalists could experiment with the technology. And Alphabet is now a massive corporation that encompasses everything from internet-beaming hot air balloons to self-driving cars to Google Cloud. As the company continues to grow, its divisions are shifting around — the latest being Jigsaw, a technology incubator that’s reportedly been swallowed by Google.
Google Maps is now displaying Waze incident reports
By separating Google into different companies, each one of them is independent of each other. If something bad happens in one company, the others would be protected from it. Google LLC has over 200 direct and indirect subsidiaries, and in the visualization above (and also list directly below), you will find only the most important ones. Companies that were not selected for this list are part of the long list at the end of this article. For those of you, that want to go through list of all the other companies that did not make it to my selection, there is a list companies owned by google of them at the very end of this article. In the chart above, I had to condense Google Inc., the most significant part of Alphabet Inc, into just one box.
The company’s revenue surged by 11% to $76.6 billion, while net income jumped 46% to $19.7 billion. CapitalG, formerly known as Google Capital, is the company’s independent growth equity investment fund. The firm has over $3 billion under management supporting portfolio businesses like Duolingo, Robinhood, and Stripe. Sidewalk Labs is changing the way we think about technology’s role in urban design. In 2019, the company inked a deal to transfrom an area in Toronto with its futuristic designs and technology, however, the project was scrapped in 2020. More recently, the compmany has launched a sensor that is designed to help cities improve parking and curb management by detecting if a parking spot is availible or not.
How big is Alphabet?
The company has diversified far beyond search engines in the past two decades. The parent holds Google, its largest subsidiary, and several other companies. Some of these companies are subsidiaries of Google, while others are separately owned by Alphabet. Today, Google’s parent company Alphabet has a market capitalization of more than $2 trillion. It has become an advertising powerhouse, leveraging the trove of valuable data it gathers from people who use Google’s products. The tech colossus has grown even bigger, purchasing valuable platforms including YouTube, Android, Waze, FitBit and DoubleClick.
Companies Owned by Alphabet: An A to Z List
Acquiring Waze eliminated competition; Google also saw Waze’s traffic-updating features as novel enhancements to Google Maps. Google announced its planned buyout of Looker in June 2019, finalizing the purchase in 2020 and leveraging its capabilities through the Google Cloud service. At Google Cloud, Looker helps customers accelerate their ability to analyze data, deliver business intelligence, and build data-driven applications. Looker, founded in 2011 by Lloyd Tabb, helps companies to easily extract and analyze data.
📃 List of Selected Google LLC Subsidiaries: 23 Companies
Here is a list of all other companies that I identified as part of Alphabet Inc subsidiaries and did not mention in any of the lists above. There are 296 companies in this list, and together with the companies I mentioned above, it is in total 377 Alphabet/Google Subsidiaries listed in this article. Below you can find a list of the companies shown in the chart for top-level Alphabet structure. Subsidiaries that did not make it to any of the organizational charts in this article are included in the “Other Alphabet Subsidiaries List”. In the next chapters, I will go in detail not only through top-level companies that you see above, but I will also show you corporate organizational structure for sub-groups Google LLC and Alphabet Holdings LLC. Wing is another brainchild of the mooshot factory and aims to make drone delivery standard in the logistics industry.