Google Inc (GOOG) Investing $610M In Finland Data Center

Posted Nov 4, 2013

Google Inc (NASDAQ:GOOG) has announced today that they are going to invest 450 million euros ($610 million) to expand their data center in Finland.  They have already invested 350 million euros in the Hamina data center.  The Hamina data center launched in September 2011 with an initial investment of 200 million euros.  The data center uses seawater from the Gulf of Finland to reduce energy usage in their cooling system.

?Google is in Finland for the long term,? stated Dieter Kern, the manager of the data center. ?We?re digging deep roots, both figuratively and in a concrete way.?

Google is not the only major tech company that has opened up a data center in Finland.  Microsoft said last month that they would be investing 250 million euros for a new data center in Finland.

The construction will set up jobs for 800 engineers and builders.  The data center’s staff will be increased from the 125 current employees.  The Finland government has been encouraging companies to open up data centers there by reducing the energy tax collected from companies that invest in data storage starting next year.

[Source: Bloomberg]