The restructuring will help Larry Page and Sergey Brin more hands to develop diverse technology industries, Google also promises to work well and more manageable at the hands of Sundar Pichai.

Yesterday on the blog of Google, Larry Page – Google co-founder of the tech world have done extremely surprising decision restructuring the search giant. Accordingly, Larry Page will cede the CEO position for Sundar Pichai Google – manager of Android, Google Chrome and have a key role in most existing Google services.

Google will be the letter “G” in the Alphabet – the parent company has been established Larry Page and Sergey Brin, co-founders will jointly lead the new company named Alphabet – now is the parent company will manage Google and all its subsidiaries that the search giant has established previously. Alphabet is http://abc.xyz website. Alphabet Google and will operate independently of each other, each company will take over the array own technology: Google: + Google Search + Google Ads + Google Maps + YouTube + Android OS (including the Google Play Store) Alphabet: + Calico, biotechnology company anti-aging, longevity + Life Sciences, the company specializes in health + Nest, networking equipment company for family + Fiber, high-speed internet service to major cities in the US + The Google Ventures investment company and Google Capital + Google X, the nursery for projects such as self-driving car + Wing, delivery company by drone “This is a new chapter was excited in Google’s history – the birth of the Alphabet. We like the name Alphabet, ie alphabet – one of the greatest inventions of mankind and also is essential for us to create the search engine Google Search “, Larry Page shared on Google’s blog .

Larry Page and Sergey Brin will Alphabet and leadership development for future technologies

According to the technology, this is a business decision daring, risky but necessary of the search giant. In recent years, investors are worried lest when Google seems to neglect its core businesses of search services that were scattered on the technology to be “fiction” for the future as car Self-driving, anti-cancer drugs, longevity, …

Sundar Pichai – Google’s new CEO

The restructuring will help Larry Page and Sergey Brin more hands to develop diverse technology industries, Google also promises to work well and more manageable at the hands of Sundar Pichai – who has been dubbed the the right arm of Larry Page. Also in this announcement, Google announced that all Google shares will be traded as shares of Alphabet. This information was immediately caused Google stock price rose more than 4% in the latest trading session.