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eBay to stay in San Jose

Online auctioneer eBay confirmed Wednesday that it would keep its headquarters in San Jose, Calif., with plans for a major expansion at a new site in North San Jose. eBay said it plans to purchase 511,000 square feet of office space in North San Jose owned by software maker Novell.

In addition, the city will give eBay the right to purchase an adjacent parcel of 15 acres of land, potentially for a 2 million square foot campus. The company said its headquarters will remain at eBay Park in West San Jose.