Apple buys Data Center ($45M-$50M)

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San Jose Business Journal is reporting that Apple computer has acquired a never-used 107,000 sq. foot data center in Newark, CA. The center was originally designed for MCI WorldCom.

Data centers generally house computing, data-storage and networking equipment assisting in Web-based services and transactions.

This center is described as a "Tier IV" datacenter with high levels of redundancy and security.

What Apple plans to do with the Data Center remains up for speculation.