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Alphabet announced the completion of restructuring under the new framework, Google will go from here?

via:博客园     time:2017/9/6 12:41:03     readed:1080

Google can be said to be Alphabet's largest cash cow, but under the new Alphabet architecture, the search and advertising company is now one of the many companies that dabble in different fields.

In a regulatory filing on Friday local time, Alphabet announced a restructuring decision that would allow Google to share legal and regulatory responsibilities with other subsidiaries. Simply speaking, Alphabet founded a company called XXVI Holdings (XXVI represents the number, i.e. the alphabet has 26 letters) of the new holding company, and Alphabet and all of the companies are included. In addition, Google itself will become a limited liability company, Alphabet believes that this is more suitable for its new identity as a subsidiary.

The company said the move marks the official completion of the restructuring of the enterprise since 2015. At that time, Google launched the first successful restructuring of the framework, all businesses are classified under the new entity Alphabet, but such as driverless car project Waymo such business is still under the banner of Google.

Outside analysis, now all these businesses are included in the Alphabet, which means that the future of Google can be more focused on their own core search and advertising business. But in the future, Google only need to submit their results to the parent company, shall not contain any other Affiliated Companies performance report, which also helps to avoid the potential risk of Alphabet a limited liability company spread to other branch office. At present, although all the laws and regulations of our motivation is not clear of the reorganization, but in the future the company submitted to the U.S. Securities and Exchange Commission (SEC) quarterly and annual earnings will still use the name of Alphabet.

At the same time, because Google's XXVI Holdings organizational chart has been reduced by two, so it is not clear how much Alphabet will announce the company's performance in the future. From a legal perspective, the company has no obligation to disclose details of the specific performance of Google SEC, Nest, Verily and other companies, because they are not listed companies, it also makes Alphabet to further reduce the subsidiary information disclosure becomes possible.

The restructuring, Alphabet said, would make the company's business more transparent than ever.

Google spokesman had also told Bloomberg that < />, the reorganization will not affect the company structure to shareholders control, operation, management and personnel.Alphabet spokesman weikelai - Johnson (Weakley Johnson) said:

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