Feeds

Google buys SGI . . .'s property

One darling to another

Website security in corporate America

Full of cash and tired of paying rent, Google has moved to purchase the property that makes up its sprawling Mountain View headquarters.

As many of you know, Google currently inhabits the remains of SGI's once glorious headquarters. The ad-broker-cum-beta tester has been leasing land and buildings stretching from Amphitheatre Parkway across Shoreline Boulevard to Crittenden Lane. Now, Google will pony up $319m for the buildings and land.

Google has been right at home in SGI's odd, multi-colored complexes given that it's in many ways the new SGI. Where SGI enjoyed purple, green and yellow columns, Google likes to play with colored balls.

Google will need to secure approval for the purchase from the bankruptcy court that is currently overseeing SGI's Chapter 11 proceedings. Four real estate firms actually own Google's headquarters, which the company has been subleasing from SGI.

In addition, Google will have to cough up $315,000 per month to Mountain View for "ground leases" on the land, according to a regulatory filing. Mountain View's leases for the two properties finish in 2050 and 2051, respectively. One can only guess as to which Silicon Valley darling will be moving into the Googleplex then.

All told, Google is buying up close to 1m square feet of space.

Google's HQ is located just a couple of miles from Register central, but we don't receive many invites to hang out. ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.