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NYSE UK Red Hat data centre concerns rife following fresh NASDAQ bid

Apr 20, 2011, 20:03 (0 Talkback[s])
(Other stories by Leo King)

[ Thanks to dmandpenfold for this link. ]

"oncerns are rife about the fate of a 315,000 square foot New York Stock Exchange data centre in Basildon, Essex, after NASDAQ launched a bid for the exchange that vowed to rationalise servers.

"The Basildon data centre was recently built by NYSE Euronext at an estimated costs of hundreds of millions of pounds in order to serve European share traders, and employs technical staff with extensive Red Hat Enterprise Linux and trading technology expertise. Alongside a data centre in Mahwah, New Jersey, which serves US markets, NYSE spent around £300 million on infrastructure.

"Deutsche Borse is proceeding with plans to merge with NYSE, after the New York bourse spurned an initial offer from NASDAQ. But NASDAQ has now raised its $11.3 billion (£7 billion) combined offer with Intercontinental Exchange to include further cash incentives should regulators block a deal. It also outlined more information on planned IT cost savings."

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