These ticker symbols now refer to Alphabet Inc., Google's holding company, since the fourth quarter of 2015. In 2003, after outgrowing two other locations, the company leased an office complex from Silicon Graphics, at 1600 Amphitheatre Parkway in Mountain View, California.
These include online advertising technologies, search, cloud computing, software, and hardware. Together, they own about 14 percent of its shares, and control 56 percent of the stockholder voting power through supervoting stock.
Upon completion of the restructure, Sundar Pichai was appointed CEO of Google; he replaced Larry Page, who became CEO of Alphabet.
The company's rapid growth since incorporation has triggered a chain of products, acquisitions, and partnerships beyond Google's core search engine (Google Search).
The vast majority of the 271 million shares remained under the control of Google, and many Google employees became instant paper millionaires. , a competitor of Google, also benefitted because it owned 8.4 million shares of Google before the IPO took place.
There were concerns that Google's IPO would lead to changes in company culture.