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Article: United States: Apple Wins North Carolina Tax Break For $1 Billion Data Center.
- Article from:
- TendersInfo
- Article date:
- July 9, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: shiv03
A North Carolina county and town have agreed to give Apple Inc. (AAPL) tax incentives worth $46 million over the next decade if the consumer tech giant builds a data center in the area.
The decision Monday helps spur Apple's plans to expand its network of data centers, which are warehouse-sized buildings that house vast numbers of giant computers known as servers. Data centers are usually used to manage the flow of Internet traffic. In Apple's case, the Maiden data center could be used to bolster its iTunes music store business.
"We're looking forward to building a new data in North ...