Wednesday, October 15, 2014
On 7:02 AM by Unknown No comments
History of Google
Google
Mission
|
:
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To organize
the world’s information and make it universally accessible and useful
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Slogan
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:
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Don’t be
evil
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Founded
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:
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Menlo
Park,California(September 4,1998)
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Founders
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:
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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
|
|
:
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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
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:
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Larry
Page(CEO),Eric Schmidt(Chairman),Sergey Brin
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Headquarter
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:
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Googleplex,Mountain
View,California,United States
|
Technology
|
:
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Internet
search engine,mobile phone operating system(Android)
|
Website
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:
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Google.com
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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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