After 20 years of using the 98-acre land in Cupertino, HP's given it up and moved down the road to Palo Alto. As Apple's lived next door since 2006, it was only natural for them to snap it up.
More » Source: http://feeds.gawker.com/~r/gizmodo/full/~3/LA0EQ7MGXgk/apple-pitches-flag-on-hps-land-making-them-the-largest-landholder-in-cupertino
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