Yes, it is true, Google now has a parent company. As crazy as it may sound, but Larry page came up with this revolutionary decision in reference to their 11 year old letter which stated that “Google is not a conventional company. We do not intend to become one.”

So what is Alphabet?

Alphabet is a new entity that would manage multiple companies, Google being one of the largest in them. “Our company is operating well today, but we think we can make it cleaner and more accountable. So we are creating a new company, called Alphabet ( I am really excited to be running Alphabet as CEO with help from my capable partner, Sergey, as President.”, Larry announced in the latest blog.­

Larry appreciated Sundar Pichai’s contribution to Google by announcing him as the new CEO to Google. Well, as not many know, Sundar Pichai was Product Manager for Google and was the one behind the success of Chrome, Chrome OS and Chromebook.

Well, we guess we should be ready for more shocks and surprises coming from Alphabet and its future acquisitions