![]() ![]() Some of its subsidiaries include GV, CapitalG, Google, Google Fiber, Verily Chronicle, Waymo, Loon Calico, and X. ![]() Alphabet’s portfolio incorporates several industries, including life sciences, technology, investment capital, and research. In addition, Google LLC was reorganized as a subsidiary of Alphabet Inc. was formed as the parent company of Google LLC, and other companies that were previously owned by Google LLC. In 2015, American multinational company Alphabet, Inc. Moreover – Yahoo! – a web service provider and a competitor of Google LLC benefitted as it owned Google LLC company’s 8.4 Mn shares prior to the IPO event held. This IPO event proved to be beneficial to many Google Employees as a majority of shares of approximately 271 million were under the control of the company, and several employees of Google LLC became paper millionaires, instantly. The sale of US$ 1.67 billion offered Google LLC a capitalization of over US$ 23 billion, which increased to US$ 397 billion by January 2014. These shares were mainly sold through the format of an online auction by using a system developed by Morgan Stanley & Credit Suisse. The company went public at US$ 85 per share and offered nearly 19,606,052 shares. Later on 19 August 2004, an initial public offering (IPO) was held in which the first sale of stock was issued by a company to the public and registered on the stock market. Larry Page in 1998 and was a privately held company. ![]() Google Statistics: Google LLC was founded by Mr.
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