Google Bought a Complex of Office Buildings in California for $1 Billion
OREANDA-NEWS Google Corporation acquired for $1 billion a complex of office buildings near its headquarters in mountain view (California). This was reported by the newspaper San Francisco Chronicle.
The publication notes that this is the largest real estate transaction in San Francisco and nearby cities this year. Google representatives confirmed to the newspaper that the complex was purchased, but did not give details.
The newspaper writes that we are talking about 12 office buildings, the area of the premises is almost 74 thousand sq. m. these offices can accommodate about 5 thousand employees. The complex formerly belonged to the social network LinkedIn. CNBC said that Google had previously rented part of the buildings.
This month, the Wall Street Journal reported that Google plans to expand its representation in new York. It was noted that the company intends to purchase office space suitable for the placement of 12 thousand new employees. This will almost double the number of employees working in the metropolis at the moment.
Google is a public Corporation investing in Internet search and advertising technologies, as well as developing online services and high-tech products. The firm, founded by Larry page and Sergey Brin, was first registered as a private enterprise in September 1998, and is now part of the Alphabet holding with a turnover of more than $ 110 billion.
On November 26, there was actually complete administrative process of the Roskomnadzor of Russian Federation. Google faces a fine of up to 700 thousand rubles for failure to comply with the requirements to exclude from search results blocked in Russia resources. The search engine was given a month to connect to the Federal database of prohibited sites and start the procedure of filtering search queries.