Yahoo Buys Land In Santa Clara

The San Jose Business Journal reports that Yahoo has purchased 42.5 acres in Santa Clara. The price of the land was not disclosed, but we do know they bought it from San Francisco’s TMG Partners. Yahoo’s CFO, Sue Decker, said: “We see this as an attractive asset that provides attractive additional capacity and flexibility for Yahoo’s future. We are planning for future growth and will analyze several different scenarios over the coming year regarding the development of the property.”

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