Member access

4-Traders Homepage  >  Shares  >  Nasdaq  >  Google Inc    GOOGL   US38259P5089

GOOGLE INC (GOOGL)

663
Delayed Quote. Delayed Nasdaq - 04/24 03:46:20 pm
534.46 USD   -0.57%
5m ago Trend-setter Apple's stock split could bring out the copycats
22m ago APPLE, GOOGLE AGREE TO SETTLE ANTITR : filing
23m ago Google social networking boss Gundotra leaving company
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Google Inc : Google Starting Construction on New Office Campus

02/22/2013 | 06:53pm US/Eastern
Recommend:
0
   By John Letzing 
 

Google Inc. (GOOG) says it plans to start building a new corporate campus adjacent to its Silicon Valley headquarters as the Internet giant continues to grow at a rapid clip.

"We are beginning construction on our new Bayview Campus, which is a key to our growth and another sign of our commitment to the area," a Google spokesman said in a statement.

Google's headquarters in Mountain View, Calif. was previously occupied by Silicon Graphics Inc. The new campus would be built on land leased from the National Aeronautics and Space Administration.

In a 2008 announcement, Google said it had agreed to lease more than 42 acres of land at NASA Research Park at Ames, where it intended to build up to 1.2 million square feet of offices and research facilities "in a campus-style setting."

Google said at that time it expected the first phase of construction on the new campus to begin by the end of September 2013. Under the terms of the 40-year agreement announced then, Google would pay NASA an initial base rent of $3.66 million annually.

Plans for the new campus were first detailed in Vanity Fair magazine, which noted that it will be made up of nine buildings connected by bridges on about 1.1 million square feet.

Google continues to hire aggressively at home and abroad as it develops new products and services to complement its core online advertising business.

The company recently reported having 37,544 employees world-wide as of the end of 2012, compared with 20,222 at the end of 2008.

The employee count for last year did not include workers at Motorola, which Google acquired for $12.4 billion.

Write to John Letzing at john.letzing@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Recommend :
0
React to this article
Latest news on GOOGLE INC
5m ago Trend-setter Apple's stock split could bring out the copycats
22m ago APPLE, GOOGLE AGREE TO SETTLE ANTITR : filing
23m ago Google social networking boss Gundotra leaving company
37m ago GOOGLE : Comcast owned Fandango to buy Movieclips
48m ago GOOGLE : executive in charge of Plus social networking service moving on after 8..
1h ago GOOGLE : top social networking executive departs
1h ago GOOGLE : The National Aeronautics and Space Administration (NASA), the State Dep..
2h ago GOOGLE : Researchers Submit Patent Application, "Sensor Pattern for a Tactile In..
2h ago GOOGLE : Researchers Submit Patent Application, "Methods and Systems for Prefetc..
2h ago GOOGLE : S&P 500 Analyst Moves: GOOG
Advertisement
Chart
Duration : Period :
Google Inc Technical Analysis Chart | GOOGL | US38259P5089 | 4-Traders
Income Statement Evolution
Google Inc : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF