Wisconsin technology services company Berbee Information Networks Corp. looks like it will change hands as part of a private equity deal to acquire its parent company, CDW Corp. Madison Dearborn is offering to buy CDW Corp., of Vernon Hills, Ill., for $7.3 billion, or $87.75 per share.
Berbee, a Madison-based technology services company, is the anchor tenant in a 51,000 square foot
data center project in Fitchburg, Wisc. [1] Berbee already has two data centers – one in Madison and one in Minneapolis – and employs more than 700 people in 11 Midwestern cities.
The sale of an anchor tenant can be an anxious moment for a data center developer. Berbee chief executive officer Paul Shain told the
Wisconsin State Journal [2] that it expected no major strategic changes as a result of new ownership. “It’s really not going to impact Berbee operations at all,” Shain said.
Rich Miller is the founder and editor-in-chief of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.
Article printed from Data Center Knowledge: http://www.datacenterknowledge.com
URL to article: http://www.datacenterknowledge.com/archives/2007/06/06/berbee-changes-hands-in-private-equity-deal/
URLs in this post:
[1] data center project in Fitchburg, Wisc.: http://www.datacenterknowledge.com/archives/2007/Mar/24/smaller_towns_seeking_data_centers.html
[2] Wisconsin State Journal: http://www.madison.com/wsj/home/biz/index.php?ntid=144188&ntpid=3
[3] Rich Miller: http://www.datacenterknowledge.com/archives/author/richm/
Click here to print.
