Google changes the structure and boss. It will now be part of the holding Alphabet.

The Guardian.com : Why Google is restructuring, why the name Alphabet and how it affects you.

US Internet company Google on Monday announced that it is changing the organizational structure. It will be part of the holding called Alphabet, which will be included in both search and mapping service and YouTube. Alphabet boss holding the company's founder Larry Page.

Into a new holding company will include the broadband and cable TV Fiber, laboratories Nest and investment subsidiary of Google Ventures.

Who will head up the new Google?

Another founder Sergey Brin will serve as president and CEO of the Company will be Eric Schmidt, the company announced at its headquarters in Mountain View, California. Head of Google's Sundar Pichai happens, the current vice president of production.

"The new structure allows us to focus on the extraordinary opportunities that we have within Google," Page commented on the change. "Alphabet is a set of companies of which Google is obviously the biggest, "he added.

Alphabet replace Google as a publicly traded company, all the shares of Google has automatically changed into shares alphabet with identical rights. The new arrangement will come into force "later this year," the company said in a statement.

How Google is changing

Ads

Search

Maps

Android

Apps

YouTube

Includes

driverless

cars and

drones

10%

of total

revenues

90%

of total revenues

Google X

Capital

Google

New structure

Alphabet

Google X

Capital

Ventures

Fiber

Apps

Ads

Nest

Calico

Ventures

Life

Sciences

Nest

Fiber

Calico

Android

YouTube

Maps

Search

Google’s current operations

Google

Guardian graphic

Source: 1. Sundar Pichai: Meet the new CEO of a 'slimmed-down' Google.
            2. Why Google is restructuring, why the name Alphabet and how it affects you.