Comments on: Sungard to Acquire Vericenter http://www.datacenterknowledge.com/archives/2007/07/16/sungard-to-acquire-vericenter/ News and analysis about data centers, cloud computing, managed hosting and disaster recovery Mon, 13 Feb 2012 17:24:17 +0000 hourly 1 http://wordpress.org/?v= By: Rich Miller http://www.datacenterknowledge.com/archives/2007/07/16/sungard-to-acquire-vericenter/comment-page-1/#comment-131 Rich Miller Tue, 17 Jul 2007 16:07:28 +0000 http://dev.datacenterknowledge.com/archives/2007/07/16/sungard-to-acquire-vericenter/#comment-131 As sj_miller notes, Sungard's interest is driven by the large amount of vacant data space in Vericenter's 470,000 square foot portfolio, which Sungard can fill with DR/business continuity clients. I don't have any info on price or multiples as yet. But Sungard clearly must have liked the way the buy vs. build numbers stacked up. Isabel: re Digital, we have more current information in an analysis of their leasing info from year-end 2006, which shows some of the variations by geography: <a href="http://tinyurl.com/3b52zj" rel="nofollow">http://tinyurl.com/3b52zj</a> As sj_miller notes, Sungard’s interest is driven by the large amount of vacant data space in Vericenter’s 470,000 square foot portfolio, which Sungard can fill with DR/business continuity clients.

I don’t have any info on price or multiples as yet. But Sungard clearly must have liked the way the buy vs. build numbers stacked up.

Isabel: re Digital, we have more current information in an analysis of their leasing info from year-end 2006, which shows some of the variations by geography:

http://tinyurl.com/3b52zj

]]> By: sj_miller http://www.datacenterknowledge.com/archives/2007/07/16/sungard-to-acquire-vericenter/comment-page-1/#comment-130 sj_miller Tue, 17 Jul 2007 15:14:58 +0000 http://dev.datacenterknowledge.com/archives/2007/07/16/sungard-to-acquire-vericenter/#comment-130 The deal seems like a pure sq footage play. Vericenter has a lot of space and low overall utilization. Has anyone heard anything on price or multiples? The deal seems like a pure sq footage play. Vericenter has a lot of space and low overall utilization.

Has anyone heard anything on price or multiples?

]]> By: Isabel Wang http://www.datacenterknowledge.com/archives/2007/07/16/sungard-to-acquire-vericenter/comment-page-1/#comment-129 Isabel Wang Tue, 17 Jul 2007 14:32:30 +0000 http://dev.datacenterknowledge.com/archives/2007/07/16/sungard-to-acquire-vericenter/#comment-129 I'm surprised Vericenter's revenue isn't higher. Only $7M/quarter from a 470,000 SF portfolio? And 75% of that is from managed services? So their data center facilities are only bringing in $7M/year, which is just over $15 per square foot? In contrast, you mentioned last year that Digital Realty Trust is renting unfinished space for $30 psf and finished space for $100+? <a href="http://www.datacenterknowledge.com/archives/2006/Nov/14/prices_for_cabinets_space_trending_higher.html" rel="nofollow">http://www.datacenterknowledge.com/archives/2006/Nov/14/prices_for_cabinets_space_trending_higher.html</a> I’m surprised Vericenter’s revenue isn’t higher. Only $7M/quarter from a 470,000 SF portfolio? And 75% of that is from managed services? So their data center facilities are only bringing in $7M/year, which is just over $15 per square foot?

In contrast, you mentioned last year that Digital Realty Trust is renting unfinished space for $30 psf and finished space for $100+?

http://www.datacenterknowledge.com/archives/2006/Nov/14/prices_for_cabinets_space_trending_higher.html

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