Goldberg Kohn Advises CME Group on Sale of Critical Data Center Asset
March 18, 2016
Goldberg Kohn attorneys, Jim Rosenbloom and Mike Manuel, represented CME Group in the sale of it's suburban Chicago data center in Aurora, Ill. to an affiliate of CyrusOne, Inc., a global data center services provider, for $130 million. Jim and Mike were assisted by paralegal Teri Bakovich.
As part of the sale, CME Group entered into a 15-year lease for data center space and continue to operate its electronic trading platform, CME Globex, from the data center and offer co-location services there. The transaction agreements also provide for the means by which CyrusOne and CME Group will enhance the range of services available to their mutual customers through connectivity, hosting and data offerings.
