Credit: Arthur Osipyan Google, the world’s leading search engine, is purchasing its current Mountain View, Calif., headquarters from four commercial real estate companies, and the search giant will pay $319 million, the Associated Press reports via the New York Post.The purchase includes the company’s “Googleplex,” a term coined by techies to describe the group of buildings that makes up Google’s “nerve center,” according to the AP.The news comes from Securities and Exchange Commission filings Google submitted on Wednesday, and the company hopes to put the finishing touches on its purchase by July, the AP reports.Google started leasing its current 1-million-square-foot headquarters in 2003, and because its previous occupant, high-performance computer producer Silicon Graphics, filed for bankruptcy and still holds some contractual agreements with the owners, the deal requires the approval of a local bankruptcy court, according to the AP. The company also needs the OK of the city of Mountain View, because it has a number of ground leases on the land to be bought, the AP reports. Google will have to dole out $315,000 a month to Mountain View to buy out the leases, and it will face annual rent increases of 4 percent to 7 percent, according to the AP.Google currently employs some 7,000 staffers, and it recently announced roughly 1,800 job listings, the AP reports. Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content BrandPost Are tech layoffs inevitable, or can your company avoid them? Despite tech industry layoffs, one ITSM company remains committed to growth and expansion of internal teams. The company’s successful endeavor is largely credited to one difference between TOPdesk and other tech organizations. By TOPdesk Mar 30, 2023 6 mins IT Leadership Analysis CIOs must evolve to stave off existential threat to their role With LOB leaders learning tech faster than CIOs gain business-savvy, IT leaders must strengthen advisory skills, build relationships, and embrace strategic transformation before losing out to business counterparts. By Yashvendra Singh Mar 30, 2023 10 mins Roles Opinion 5 ways AI will transform CRM Recent announcements by Microsoft and Salesforce on how they’re ramping up integration of AI tools into their software offerings mark the start of a revolution in the CRM marketplace. By Martin De Saulles Mar 30, 2023 4 mins Channel Sales CRM Systems Artificial Intelligence Interview From CIO to CX SVP, Cisco’s Jacqueline Guichelaar takes a road less travelled By David Binning Mar 29, 2023 7 mins Careers IT Leadership Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe