Google is looking to reorganize itself and make sense of the acquisitions it’s been making for quite a while. I think the take away is that this is probably a good move and will allow for the Google division to be focused on their objectives and ideas while not being known as a driverless car company or wireless thermostat maker too.
Meet Alphabet, The New Conglomerate Absorbing Google That’s Run By Larry Page & Sergey Brin: