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The following content is from an older version of this website, and may not display correctly.Asset management firm Neuberger Berman has signed a lease with Digital Realty Trust for a turnkey data center in the north eastern US.
"This Data Center will be a key element of Neuberger Berman's IT infrastructure, supporting advanced applications that will enable us to continue to serve our customers while growing each segment of our business as an independent asset management firm. It was important that we select an advanced facility designed and operated by a partner like Digital Realty Trust with expertise in data center facilities, and we did so after a thorough diligence process," said Paul Metzger, Senior Vice President for Information Technology at Neuberger Berman. "This space enables us to pursue an accelerated timeline for our data center project because it is ready to move into immediately with all of the security, redundant power and technical specifications to support and protect our IT systems."
As part of failed investment bank Lehman Brothers, Neuberger Berman became the subject of an acquisition battle after Lehman excluded the division from its initial bankruptcy filing in September 2008 and later gained approval for a bankruptcy auction.
Approval for the management buyout was finally granted by a US judge just before Christmas 2008. The management own 51% of the firm and Lehman's creditors own 49%.
"Companies in the financial services and brokerage industry have technical requirements for their data centers that make facility selection a very important decision. These data centers need to be located in facilities with a combination of features that are difficult to find, including advanced power and disaster recovery systems, ultra low-latency fiber connectivity, dedicated infrastructure, superior physical security and more," said Chris Crosby, Senior Vice President of Digital Realty Trust.
On a busy day DRT also completed a second turnkey lease agreement with IBM for space at Digital Realty Trust's suburban Paris facility. Under the deal IBM will expand its data center accommodation capacity. The prior agreement was announced in October 2008.
"Our goal is to be a true partner to our customers, by supporting their data centre strategy and ensure the expansion of their IT teams and facilities through our expertise and resources. This new agreement with IBM in France consolidates our relationship," said Bernard Geoghegan, Senior Vice President of International Operations of Digital Realty Trust.
Meanwhile Lee Technologies has been selected by DRT to operate 10 of its US data centers to support long term needs. The sites are in Pheonix, Chicago, St. Louis, Dallas and Houston. Lee Technologies had previously provided facility operations at DRT's Dublin and Paris operations.
"This Data Center will be a key element of Neuberger Berman's IT infrastructure, supporting advanced applications that will enable us to continue to serve our customers while growing each segment of our business as an independent asset management firm. It was important that we select an advanced facility designed and operated by a partner like Digital Realty Trust with expertise in data center facilities, and we did so after a thorough diligence process," said Paul Metzger, Senior Vice President for Information Technology at Neuberger Berman. "This space enables us to pursue an accelerated timeline for our data center project because it is ready to move into immediately with all of the security, redundant power and technical specifications to support and protect our IT systems."
As part of failed investment bank Lehman Brothers, Neuberger Berman became the subject of an acquisition battle after Lehman excluded the division from its initial bankruptcy filing in September 2008 and later gained approval for a bankruptcy auction.
Approval for the management buyout was finally granted by a US judge just before Christmas 2008. The management own 51% of the firm and Lehman's creditors own 49%.
"Companies in the financial services and brokerage industry have technical requirements for their data centers that make facility selection a very important decision. These data centers need to be located in facilities with a combination of features that are difficult to find, including advanced power and disaster recovery systems, ultra low-latency fiber connectivity, dedicated infrastructure, superior physical security and more," said Chris Crosby, Senior Vice President of Digital Realty Trust.
On a busy day DRT also completed a second turnkey lease agreement with IBM for space at Digital Realty Trust's suburban Paris facility. Under the deal IBM will expand its data center accommodation capacity. The prior agreement was announced in October 2008.
"Our goal is to be a true partner to our customers, by supporting their data centre strategy and ensure the expansion of their IT teams and facilities through our expertise and resources. This new agreement with IBM in France consolidates our relationship," said Bernard Geoghegan, Senior Vice President of International Operations of Digital Realty Trust.
Meanwhile Lee Technologies has been selected by DRT to operate 10 of its US data centers to support long term needs. The sites are in Pheonix, Chicago, St. Louis, Dallas and Houston. Lee Technologies had previously provided facility operations at DRT's Dublin and Paris operations.