Wednesday, July 18, 2012

Apple said to have bought land for Texas campus expansion




Apple's Cupertino campus.


(Credit: James Martin/CNET)

After some push and pull with the Texas authorities, it looks like Apple might have finally sealed the deal on its plans to expand its Austin campus. According to the Austin Business Journal, county records show that three tracts of land near its existing campus were sold to Apple on June 21.


"It's unknown how much Apple paid for the land or how many acres it bought, but officials at two real estate brokerages, which did not want to be identified, confirmed that the long awaited deal had closed," the Journal reports.


Texas Gov. Rick Perry announced Apple's plans to expand its Austin campus in March, saying that the tech company would invest $304 million in the campus and create more than 3,600 jobs. For the expansion, the tech giant received a $21 million grant from the Texas Enterprise Fund. The governor's office said that this facility will be used to expand "customer support, sales, and accounting functions."


Related stories





No comments:

Post a Comment