Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Google Inc    GOOGL

GOOGLE INC (GOOGL)

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Google Inc : Google Starting Construction on New Office Campus

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/23/2013 | 12:53am CEST
   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 [email protected]

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GOOGLE INC
01:13p ALPHABET INC. (NASDAQ : GOOGL) May Dethrone Amazon.com, Inc. (NASDAQ:AMZN) On Ho..
12:20p Apple works with Hertz to manage small autonomous fleet
11:45aDJALPHABET : Silicon Valley, Not Willing to Wait, Forges Ahead on Boosting Minimum..
02:01aDJALPHABET : U.S. Tech Firms Feel the Heat in Europe
06/27 ALPHABET : EU hits Google with $2.7B fine for abusing weaker rivals
06/27 BlackBerry seeks sales force to match software focus
06/27 EU hits Google with record $2.7 billion fine
06/27 ALPHABET : Announces Date of Second Quarter 2017 Financial Results Conference Ca..
06/27DJALPHABET : Google Slapped With $2.7 Billion EU Fine Over Search Results -- 5th U..
06/27 NEW EDUCATIONAL EXPERIENCES FOR LEAR : GOOGL) Google Earth
More news
Sector news : Search Engines
06/26 Exclusive - Aston Martin electric car goes limited edition after LeEco exit
06/26DJFACEBOOK : Is Going Hollywood, Seeking Scripted TV Programming
06/25DJFACEBOOK : Is Going Hollywood, Seeking Scripted TV Programming
06/23DJADRs End Higher; Steelmakers, Online Retailers Trade Actively
06/23DJNASPERS : Fiscal Year Net Profit Jumps
More sector news : Search Engines
News from SeekingAlpha
2015 DEAR GOOGLE : Intel Can Build Your $50 Android One Phone
2015 M&A DAILY : Paving Way For Apple Car?
2015 APPLE TV : The Amazon Ban Won't Hurt A Bit
2015 Raven Industries Worth A Look At New 52-Week Lows And Exciting Future With Go..
2015 It's Nvidia Tegra X1 Inside Google's Pixel C Laptop
Advertisement
Financials ($)
Sales 2017 107 839 M
EBIT 2017 28 814 M
Net income 2017 24 027 M
Finance 2017 81 458 M
Yield 2017 -
P/E ratio 2017 27,93
P/E ratio 2018 23,63
EV / Sales 2017 5,26x
EV / Sales 2018 4,29x
Capitalization 648 637 M
More Financials
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 44
Average target price 1 057 $
Spread / Average Target 12%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Lawrence E. Page Chief Executive Officer & Director
Sergey Mikhaylovich Brin President & Director
Eric E. Schmidt Executive Chairman
Ruth Porat Chief Financial Officer & Senior Vice President
Louis John Doerr Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
GOOGLE INC648 637
ALPHABET19.64%648 637
BAIDU6.81%61 066
ALTABA INC38.71%51 398
NAVER CORP--.--%25 093
YAHOO JAPAN CORPORATIO..9.80%25 030
More Results