FREMONT, CA—Seagate Technology on Friday unveiled a $180 million cutting-edge research and development complex at the former Solyndra solar factory in Fremont, a site the company will use to invent next-generation disk drives.
Last week, Seagate installed a huge sign with its name and logo on the side of the 411,000-square-foot complex, according to a report in the Oakland Tribune.
"It's a big deal to be keeping high-tech research and development jobs in Silicon Valley," said Mark Re, a Seagate senior vice president and R&D executive, in talking with The Tribune. "This is going to be a state-of-the-art facility."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.