Search engine giant Google Inc on 10 August 2015 launched a new parent company called Alphabet Inc to separate its highly profitable search and advertising business.
The new parent company was formed as part of Google’s new organisational structure which will help the company to keep tremendous focus on the extraordinary opportunities and products.
Alphabet Inc will comprise of the search engine unit and all other subsidiaries.
Android was formerly managed by Andy Rubin. He was rumored to be one of the contenders for the CEO position of Microsoft in 2014.