Friday, April 15, 2011

Google Capex for Data Centers Grows

Google invested $890 million in its data center infrastructure in the first three months of 2011, the second-highest total in its history.

In fact, it’s Google’s biggest capital expenditure spending for any quarter in which it hasn’t bought real estate for other reasons.

Of course, Google also slowed investment in 2008 and 2009.

Google spent a record $2.55 billion on capital expenses in the fourth quarter of 2010, most of it related to the purchase of 111 8th Avenue, a 2.9 million square foot building in New York that is one of the city’s premier Internet and telecom hubs. It also serves as the main New York office for Google, which has about 2,000 employees on site.

No comments:

Will Video Content Industry Survive AI?

Virtually nobody in business ever wants to say that an industry or firm transition from an older business model to a newer model is doomed t...