TELECOM Digest OnLine - Sorted: Google to Build New Campus on Vacant NASA Property at Ames

Google to Build New Campus on Vacant NASA Property at Ames

Associated Press News Wire (
Wed, 28 Sep 2005 14:49:05 -0500

Google Inc. plans to build a 1 million-square-foot corporate campus on
a now-vacant site on NASA property in the heart of Silicon Valley,
according to a published report.

Google, the Internet's leading search company, is expected to build a
campus containing offices, houses and roads at the NASA Ames Research
Center in Mountain View, according to a report in the San Francisco
Chronicle, which cited unidentified sources.

"There is some land at Ames Research Center that could offer logical
expansion space for Google," company spokeswoman Lynn Fox said
Tuesday. She declined to comment directly on the building plans.

The company has scheduled an afternoon news conference with Google
Chief Executive Eric Schmidt and Scott Hubbard, director at NASA Ames,
a space research center since 1939 that has recently been cutting
staff as part of the agency's nationwide restructuring.

Rapid growth in Web advertising tied to online searches has fueled
Google's stellar performance in recent years. The company has $7
billion in cash from stock offerings and huge profits. It hired 10
employees each business day in the last quarter and has a global staff
of nearly 4,200.

The company is rapidly outgrowing its current office space, and plans
to keep its current five-building headquarters, dubbed the Googleplex,
nearby. Some observers say the partnership between Google and NASA
Ames could create a new hub of technological innovation in Silicon
Valley, an area gutted by the technology bust.

Shares of Google fell $5.27, or 1.7 percent, to $308.67 in afternoon trading
on the Nasdaq Stock Market.

Copyright 2005 The Associated Press.

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