Facebook Moving HQ To Menlo Park

Social networking giant Facebook has announced plans to shift its headquarters to Sun Microsystems' former campus in Menlo Park, California.

The company, which employs some 2,000 people, said that it plans to start the move sometime in June or July.

The new Facebook headquarters, which housed Sun Microsystems prior to its acquisition by Oracle, has 9 buildings in total.

Facebook's real estate director John Tenanes said that the company had entered a 15-year long lease agreement with the option of purchasing the entire campus in five year's time.

Chief financial officer David Ebersman said in a statement: “We were attracted to the campus that Sun had built, to the location in Menlo Park that had central accessibility from around the Bay Area, to the local amenities, and extremely attracted to all the support that we got from local officials.”

Facebook had earlier acquired 22 acres right next to the Sun campus, but the company has no plans to start construction on the properties right now.