Google uses mysterious entity to grab land in Old Taiwan -

Search giant Google has bought 15 hectares of land in Taiwan as part of a cunning plan to build a cloud computing centre.

That’s according to the Taiwan Economic News, which says that an investment company that’s owned by Google has lashed out US $34.4 million for the land.

The wire says that the investment company is registered in the British Virgin Islands which makes it easier for it to cover its tracks.

Google has long said that it wants to move to the island to build a cloud computing centre, estimated to cost around a third of a billion US dollars, according to the Economic News.

Meanwhile, the Taipei Times reported that Taiwan’s three biggest science parks grossed $66.7 billion last year, spurred by cloud computing, tablet PCs, smartphones, and photo voltaic. Semiconductors accounted for just over a half of total revenues at the parks.