Wednesday, February 9, 2011

Facebook announced its second move in two years

The current offices of the Facebook headquarters in Palo Alto have been small for the rate of expansion of the company. David Ebersman, chief financial officer of Facebook, announced Tuesday a new move to the former headquarters of Sun Microsystems in Menlo Park, a nearby town which also belongs to Silicon Valley, California.

One representative of the company founded by Mark Zuckerberg moved last week that the new office complex, about nine acres, "meet your long-term business needs." Facebook now has over 2,000 employees at its headquarters in Palo Alto, where he has operated the last six years. The new facility can house up to 3,600.

According to the CFO of Facebook, the move could occur this summer. It will be the second in two years. In his appearance, was Ebersman was accompanied by the mayor of Menlo Park, a small town that welcomes the arrival of Facebook as an economic opportunity. The building will occupy the offices of the network belonging to Oracle.

Sun Microsystems acquired the company last year and since then its staff have moved to other facilities. According to the magazine All Things Digital, and may have started the work on the indoor walls and cabinets to eliminate individual and give the open style of the last seats of Facebook, in which no personal offices.

Facebook's announcement came the same day Google reported the rental of a building designed by Frank Gehry in Santa Monica. These offices will be the first of a new campus in Los Angeles. Although Google has nearly 6,000 employees, Facebook is the company grows in number of users, more employees hired and is leading the race against the finder and social network Twitter.

According Ebersman, Facebook has increased its number of employees by 50% each year and will continue to recruit workers in 2011. Facebook will lease the new headquarters, which has been dubbed San Quentin for his resemblance to the prison-for the next 15 years. Under the agreement, after the first five years will have the option to purchase the Oracle campus.

Facebook has also increased in capital in recent months. Last January raised $ 1,500 million in investments and through Goldman Sachs Group. At that time the company was valued at 50,000 Zuckerberg billion. Founded in 2004, Facebook now totals 500 million users worldwide. The rapid increase in the number of employees caused the first move.

The company emerged from downtown Palo Alto on the outskirts of the city in 2009. And this week celebrated its seventh birthday with a new building, valued at more than $ 200 million, which can continue to grow.

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