The Fujitsu acreage, bought from Hillwood Development Corp., is situated across the street from a 100-acre holding in the Shiloh Business Park, where the corporation is now in its 16th year at the site. The acreage will be developed into additional corporate offices and research and development facilities for its Synchronous Optical Network transmission products, expansion of a Photonics Lab and added space for a growing service business.

Construction plans and design are undetermined for what is being described as "an aggressive expansion plan." A corporate source told GlobeSt.com the purchase has taken place now to prevent the possibility of getting landlocked to the degree that supplemental operations would have to be located apart from the existing 834,000-sf campus. "The primary objective was to get the land and then go from there," says the Fujitsu source.

"With the rapid depletion of large tracts of commercial land in Richardson, particularly in the Telecom Corridor, we saw this acquisition as critical to the growth of our business," says Ron Martin, Fujitsu's COO and executive vice president. "This purchase reflects Fujitsu's commitment to the future of our company, to the city of Richardson and to the Telecom Corridor."