Feeds

Google buys SGI . . .'s property

One darling to another

SANS - Survey on application security programs

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. ®

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.