Forum Moderators: Robert Charlton & goodroi
Google Inc. said late Wednesday that it plans to develop up to 1 million square feet of office space at the nearby NASA Ames Research Center, as the company looks to expand its facilities to house a burgeoning workforce.Google and the NASA facility, both based in Mountain View, Calif., also will cooperate on several technical research projects, including large-scale data management, massively distributed computing and encouragement of the entrepreneurial space industry, according to a joint statement.
[marketwatch.com...]
This was the type of thing Inktomi tried to do in Foster City as they were growing in leaps and bounds before the bubble burst. They commissioned the bright shiny new Inktomi building sitting on the corner of Hillsdale and Shell in Foster City, years later it's still mostly vacant ever since it opened but you can buy a burrito there. Inktomi never moved in when the bubble burst, then Yahoo bought them, so Foster City is left with a big pretty boat anchor pretending to be office space.
Is Google heading the same route as Inktomi growing too big for it's britches too fast or is this just the next wave of expansion for the massive Googliath?
Guess we'll have to ride it out and see what happens.
That's a bunch!
I doubt they need more than a billion in operating expenses
Heck, I can get by on HALF that!
they have $7 Billion in cash
This never stopped the Wall Street to value company below their cash reserves.
doesn't really matter, at least technically. Google insiders own virtually all the voting shares. The stock can be at $0.01 but if they have cash, they can keep going.
For as long as they have adsense and adwords.
Yeah and ken lay said so long as they could pump electricity.
