Monday, September 12, 2011

Google Inc. (NASDAQ:GOOG) Data Centre Causing A Stir

Google Inc. (NASDAQ:GOOG)'s data center plans in Hamina have attracted more
suitors for the area. Google Inc. (NASDAQ:GOOG) Data Centre Causing A Stir The
opening of the search engine giant's $273 million data centre in Hamina,
Finland, has attracted the attention of many big companies, with its cold
atmosphere and low electricity prices which can help save huge amounts on annual
investments and reduced downtime. Al Verney, a spokesman at Google Inc.
(NASDAQ:GOOG) Benelux, said that, When building a data center, there are a whole
bunch of cost items involved. These include the cost of land, the actual
building and the server equipment. But what has been the main focal point in
recent years is the cost of cooling servers. The company has already introduced
many file sharing and storage facilities for their users, and has started the
digitization of many libraries which require huge data servers. Google Inc.
(NASDAQ:GOOG) shares were at 524.85 at the end of the last days trading. Theres
been a 3.0% change in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.21 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.28 Zacks
Rank: 4 out of 31 in the industry

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