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History of Google
Google Inc. was founded and incorporated by Larry Page and Sergey Brin on September 4, 1998.
Financing and Initial Public Offering
In 1998, Google received its first funding of US$100,000 from Andy Bechtolshein followed by the $25 million funding from venture capital firms on 1999 and finally initial public offer in 2004 which included 19, 605, 052 shares at a price of $85 per share.
Growth
The company has gained growth due to its innovation and leasing of their office complex which was known as googolplex.
Acquisitions and Partnerships
Google has had several acquisitions and partnerships since 2001 has greatly improved its operations such as distribution of its services but the largest acquisition was of Motorola Mobility in August 15, 2011.
Google data Centers
The company own and operate six data centers in U.S, Finland and Belgium and further announced plans to build three data centers on September 28, 2011 in Asia.
Products and Services
2.1 Advertising
The company has greatly benefited from its intensive advertising which contributed to almost 96% of its revenue in 2011 particularly in online advertising.
2.2 Search Engine
Google’s search engine is the most popular and it includes Google Patents, Google Books and Image search engine.
2.3 Productivity Tools
The company has many online productivity tools such as beta program, AJAX, and Google Docs.
2.4 Enterprise products
It began enterprise market in 2002 with Google Search Appliance which was later followed by Google Apps, geospatial and Chrome books.
2.5 Other Products
It has other vital products such as Google translate, Google news in 2002, Android in 2007 , Google Fibre in 2010, Google Goggles, and both Google Wallet and Google+ in 2011.
Corporate affairs and culture
Google has won an award 2010 followed by best positions in 2007, 2008 and 2012 as in corporate affairs and culture.
3.1 Employees
The company compensates her employees very well particularly after the IPO but experienced turnover in the top executive positions in 2007 and 2008 but later introduced motivation technique such as spending of 20% of work by engineers on what interest them.
3.2 GoogleplexThe company provides employees with recreational amenities and snack rooms which provides free food to all its employees 24/7 at its headquarters which is referred to as “the Googleplex”. It has put emphasis on environmentally sound operations such as installation of solar panels and keeping of goats.
3.3 Easter eggs and April Fools’ Day jokes
The corporation has the tendency of creating April fool’s Day jokes and also provision of Easter eggs. Philanthropy
3.4 Philanthropy
The company a philanthropic Google.org in 2004 to with the mission of creating awareness about many challenges such as global poverty and also project 10 that accepted ideas on how to help the community, followed by support for other social issues such as campaign for gay rights.
3.5 Tax Avoidance
The company uses several tax avoidance strategies that make it pay very low tax.
3.6 Network Neutrality
The company supports network neutrality which allows the internet users to take control of what they view and applications they use.
Works Cited
“Google.” Wikipedia. Wikipedia Foundation, 29 June. 2013. Web. 30 June. 2013.
