Manage updates with the Download App
Google land grab hints at data center expansion
In the second quarter, the company spent $917 million on capital expenditures, the majority of which went to land and building purchases.
Google's second-quarter outlay on land, technology, and buildings suggests the search giant may be planning further data centers.
In total, Google spent $917 million on capital expenditures in the second quarter, the company reported in its quarterly earnings yesterday. The "majority" of the money went on "land and building purchases," the company said.
The news marks the first time Google has specifically broken out land purchases in an earnings release since the third quarter of 2005.
In May, Google said it was considering increasing its data center footprint in Europe.
Read more of "Google's land grab hints at datacentre expansion" at ZDNet UK.
