Google drops US$1bil on real estate near its headquarters

FILE PHOTO: A Google logo is seen at the company's headquarters in Mountain View, California, U.S., November 1, 2018. REUTERS/ Stephen Lam/File Photo

The Googleplex is getting bigger. 

Alphabet Inc’s Google has closed a US$1bil (RM4.19bil) deal for a 51.8-acre business park next to its Mountain View, California, headquarters. The purchase adds to a mammoth real estate expansion the company is in undertaking in both California and New York City.