Alphabet Inc. is the holding company for Google and several Google entities, including Google X, Google Ventures, Google Capital, Calico, and its Life Sciences efforts.
On Monday, August 10th, 2015, CEO Larry Page announced the operational restructuring effort for Alphabet Inc. to replace Google Inc. as the official publicly-traded entity. He announced that all shares of Google would automatically convert into the same number of shares of Alphabet, with all of the same rights. The two classes of shares will continue to trade on Nasdaq as GOOGL and GOOG.
Founders: Larry Page, Sergey Brin