A recent article from Intuitive announced their decision to expand in Silicon Valley.
Intuitive has decided that to stay local — and expand in Silicon Valley — it must buy local real estate, a philosophy that fuels the company’s remarkable burst of property purchases in Sunnyvale.
Over a roughly three-year span, Intuitive Surgical has been wheeling and dealing in local real estate, spending an eyebrow-raising $109.1 million purchasing Sunnyvale properties, all close to its headquarters at 1020 Kifer Road.
“Silicon Valley is the intersection of medicine and technology,” said Gary Guthart, chief executive officer with Intuitive Surgical, maker of an advanced medical robot called Da Vinci Surgical System. “We are deeply rooted in the soil of Silicon Valley.”
Over time, Intuitive Surgical decided the place to buy was in its home territory of Silicon Valley, and Sunnyvale in particular.
“We have campuses and buildings in other places, but we are anchored here, we are rooted here,” Guthart said. “We have important design studios, training facilities here. We have our core manufacturing here in Silicon Valley.” Click here to continue>>
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