Tuesday, October 5, 2010

Apple Paid $1.7 Million to Couple to Sell Land Needed for $1 Billion Data Center

It took $1.7 million to convince a North Carolina couple to sell their home to Apple so the company could use the land for a $1 billion dollar data center, according to Bloomberg.

Donnie and Kathy Fulbright had no interest in moving out of their home of 34 years in the town of Maiden. After refusing two offers, Apple finally told the couple to name their price. The Fulbrights lived in a single story house on less then one acre of land they had purchased for $6,000.

“They told us to put a price on it and we did,” said Kathy Fulbright, 62, seated on a brown leather sofa in the living room of the home she and her husband built with the proceeds. The 49-acre property boasts a 4,200-square-foot house with a Jacuzzi in the master bathroom, as well as a manmade pond stocked with bass and catfish.

Apple's data center is expected to be completed this year and will greatly increase their capacity for cloud storage and streaming.

*thanks iclarified*

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