Thursday, July 19, 2012

Apple snaps up land for Texas campus expansion plans

Apple may not be doing much talking about its big Texas expansion plans itself, but we're still getting a fair bit of information about them. Following an impromptu announcement from Texas governor Rick Perry earlier this year, the Austin Business Journal is now reporting that Apple has closed a deal with Riata Vista LP for three large plots of land next to its existing campus in Austin. That sale was reportedly finalized on June 20th, but specifics otherwise remain light, with no word yet on a sale price or the exact size of the land. As we've heard previously, though, Apple is investing over $300 million into the campus, which will eventually result in the creation of 3,600 new jobs.

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Apple snaps up land for Texas campus expansion plans originally appeared on Engadget on Wed, 18 Jul 2012 11:03:00 EDT. Please see our terms for use of feeds.

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