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