SUBSIDIARY
Source: http://www.bloomberg.com/news/articles/2016-03-17/google-is-said-to-put-boston-dynamics-robotics-unit-up-for-sale
"Part of the challenge was that Alphabet, created in 2015, was geared toward making Google inviting to startup founders and entrepreneurial executives who wanted to join companies driving toward products and revenue, which could increase shareholder value for those subsidiaries."
noun
a company controlled by a holding company.
example
Instagram was recently bought out and became a subsidiary of Facebook.
No comments:
Post a Comment