The move comes as technology companies send an increasing amount of traffic across private networks, the report said. (on.wsj.com/1isOMAv)
Google took a stake in a similar $300 million cable in 2010, according to the report. The Internet search company would use the new subsea cable to connect data centers in Oregon and Japan, the report said.
Private networks are commonly used for home, office and businesses, as they provide security for vital information and cannot be accessed by devices outside the network.
A public network is a type of network where anyone can access and or connect to other networks or the Internet through it.