I had to do a bit of research to figure out what this was all about As you may know, google became alphabet, and it seems that alphabet created a phantom company xxvi, meaning the number 26, the numbers of letters in the western alphabet, get it? That's because google's parent company alphabet has formed a new holding company called xxvi holdings inc to manage the various other bets, according to a bloomberg report Is the parent of a diverse set of subsidiaries As of september 1, 2017, their equity is held by a subsidiary known as xxvi holdings, inc (referring to the roman numeral of 26, the number of letters in the alphabet), so that they can be valued and legally separated from google.
0001900264) is an american company incorporated in the state of california Head office is located at 1600 amphitheatre parkway, mountain view, california, 94043 Work in the industry n/a This includes a conversion from google inc To google llc and the creation of a new intermediate holding company under alphabet, xxvi holdings inc.” Xxvi holdings will own equity in each alphabet company
In 2016, google contributed 99.0% of alphabet’s overall revenue. The new entity, called xxvi holdings inc., will own the equity of each.
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