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Apple purchases old HP campus

appleHewlett-Packard seemingly has found a new buyer aimed for its decades-old campus at 19091 Pruneridge Avenue in Cupertino.

It is said to be a five minute drive from Apple HQ, is a 98-acre land acquired back in 2006 by Apple. It now shall be used to staff in for expansion nearly as quickly as the market for iOS devices.

Apple spokesman Steve Dowling told the Mercury News, stated: "We now occupy 57 buildings in Cupertino and our campus is bursting at the seams. These offices will give us more space for our employees as we continue to grow."

No disclosures have been made in regard of HP's asking price for the parcel, but real estate experts claim that it might have been priced for $300 million or more.

It dates back to olden days when Jobs went to high school in Cupertino and expressed desire for the town in 2006. It was finalized when the chief spoke before Cupertino's City Council in regard of the earlier land purchase the firm scheduled to offer as freeway interchange east in terms of its extant campus off DeAnza Boulevard.

The explanation given by Jobs said that he aimed for cheaper land meant for Apple's second campus.

"But after looking at a lot of things, we found something in Cupertino that was a possibility," Jobs said. He further adds that the land although was a lot more dear, when compared to rest, but was a measure to reside in an area where one could find best opportunity.