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

[ 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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