Microsoft Corporation (NASDAQ:MSFT) Upgrading Its 32-Acre Mountain View Campus

Microsoft Corporation (NASDAQ:MSFT) has announced that it will upgrade its 15 year-old Mountain View campus. The campus is over 515,000 square-feet and is one of the most prominent outposts in Silicon Valley. The plans to renovate the campus and also redevelop some portions have already been submitted to the planning department. The move comes as other tech giants such as Google and LinkedIn have released plans to upgrade their own facilities in the area.

What does the Relative Strength Indicator (RSI) say about future trends with MSFT?

Different Objective

The plan differs from Google and LinkedIn’s plans as Microsoft intends to upgrade the campus rather than try to reinvent the whole entity. They also are not looking to add any acreage as the Google and LinkedIn plans do. Microsoft Corporation (NASDAQ:MSFT) intends to transform the site into a cohesive and vibrant campus that creates a unique workplace environment for its personnel. The property is located along Stevens Creek and La Avienda and the company wants to create an enhancing campus that involves public engagement. They have not announced when the project will begin actual construction or how the phases will be implemented.

Plan Details

The project is still very young but Microsoft did reveal details of the design. They intend to remove three buildings and replace them with one, five story building on the eastern side of the property. They also are looking to build three, two-story buildings that will act as links to the current buildings on the property.

HoloLens Preview

In other Microsoft Corporation (NASDAQ:MSFT) news the first picture of the company’s highly anticipated HoloLens was released. It was posted on the Reddit site in the Oculus Rift subreddit section. The picture isn’t anything new as the company recently offered a preview to the press last month but offers the tech community a real glimpse of the product they can latch on to. The picture was part of a nestled ad that featured Microsoft’s promotional video for the headset.

Technicals

The stock has shown gradual appreciation recently as news is released on its latest projects, including 10. It looks to be trying to fill that gap left by the last sell off but faces heavy resistance at $45.

About the Author

Stinson is US Markets Daily’s Senior Producer for News & Public Affairs.

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