Apple purchases HP's former 98 acre campus in Cupertino

Apple has reportedly expanded its Cupertino campus in California with the purchase of a 98 acre former HP campus earlier this summer. The land had been used by HP for twenty years before they decided to sell it in order to consolidate all parts of the company nearby Palo Alto. The deal may have cost Apple as much as $300 million. So, now Apple is the largest landholder in the Cupertino city. They now occupy 57 buildings in the city and the company continues to grow. Apple has not announced any plans for the new land, and has only started to use some of the existing buildings on its former, 50 acre land purchase made in 2006. Apple has been locating in Cupertino since 1977, when Steve Jobs and Steve Wozniak set up the new company there.