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Wednesday, October 15, 2014

On 7:02 AM by Unknown   No comments
History of Google 



Google
Mission
:
To organize the world’s information and make it universally accessible and useful
Slogan
:
Don’t be evil
Founded
:
Menlo Park,California(September 4,1998)
Founders
:
Larry Page And Sergey Brin met at Stanford university in 1995.By 1996,they had built search engine (initially called Backrub) that used links to determine the importance of individual webpages

:
The search engine they built “Google”,from a mispelled word  of “googol”,the mathematical term for a 1 followed by 100 zeros.
Google Inc. was born in September 4 1998,when Sun co-founder Andy Bectolsheim wrote a check for $100,000 to that entity – which until then didn’t exist
Key People
:
Larry Page(CEO),Eric Schmidt(Chairman),Sergey Brin
Headquarter
:
Googleplex,Mountain View,California,United States
Technology
:
Internet search engine,mobile phone operating system(Android)
Website
:
Google.com

1990s

Google started in March 1996 as research project by Larry Page and Sergey Brin, Ph.D. students at Standford University. The project was nicknamed as “Backrub”. They were working on the Standford Digital Library Project (SDLP). The SLDP’s goal was “to develop the enabling technologies for a single, intergrated, and universal digital library” and it was funded through the National Science Foundation. Page and Brin had developed PageRank algorithm to rank websites in their search engine results. Originally the search engine used the Standford website with the domain google.standford.edu. On September 15, 1997, the domain google.com was registered. They incorporated their company, Google, on September 4, 1998 at Susan Wojcicki’s garage in Menlo Park, California. On August 31, 1999, the first patent was filed under the name “Google” by Siu-Leong lu, Malcom Davis, Hui Lo, Yun-Ting Lin, Guillaume Mercier, and Kobad Bugwadiam, is titled “Watermarking system and methodology for digital multimedia content”. The earliest patent filing under the assignee name “Google Inc”. By the end of 1998, Google had an index of about 60 million pages. The home page was still marked “BETA”. In March 1999, the company moved into offices at 165 Univesity Avenue in Palo Alto. Later, the company leased a complex building in Mountain View called Googleplex.

2000s

Google began selling advertistments associated with search keywords, text-based to maintain an ulcluttered page design and to maximize page loading speed. Keywords were sold based on a combination of price bid and click-throughs, with bidding starting at $ 0.05 per click. In January 2004, Google announced the hiring of Morgan Stanley and Goldman Sachs Group to arrange an IPO. The IPO was projected to raise as much as $4 billion. Google’s initial public offering took place on August 19, 2004. A total of 19,605,052 shares were offered at a price of $85 per share. The sale raised US$1.67 billion, and gave Google a market captilization of more than $23 billion. In February 2003, Google acquired Pyra Labs, owner of Bloggerm a pioneering and leading web log hosting website. The acquisition secured the company’s competitive ability to use information gleaned from blog postings to improve the speed and relevance of articles contained in a companion product to the search engine Google News. After the IPO, Google’s stock market capitilization rose greatly and the stock price more than quadrupled. On August 19, 2004, the number of shares outstanding was 172.85 million while the “free float” was 19.60 million. As of September 2013, Google operates 70 offices in more than 40 countries.

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