Sundar Pichai confirms Google’s plans for setting up Area 120

| May 20, 2016

Sundar Pichai confirms Google’s plans for setting up Area 120
Sundar Pichai, CEO of Google, has recently confirmed to Forbes’ Miguel Helft that the company is planning to set up a new corporate incubator dubbed “Area 120”. The idea, whose contours are not fully defined yet, reemphasizes that corporate giants need to provide a supportive channel to satisfy the entrepreneurial itch of their highly talented employees, if they wish to retain them. “We’ve always had a strong interest from within and have developed many of our products that way,” he said. “At our scale we want to make sure that there is a thoughtful way by which you give an avenue for those projects to be ambitious.” The Information had been the first to report the buzz around Area 120 last month.

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