Jump to content

Data site

From Wikipedia, the free encyclopedia
This is an old revision of this page, as edited by Cloud writer (talk | contribs) at 18:48, 22 March 2010 (External links). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

A Data site is an online repository of information that is used for the storing and distribution of documents. Merrill "DataSite" is a Data site provider.

In many cases, a virtual data room is used to facilitate the due diligence process during an M&A Deal or loan syndication. This due diligence process has traditionally used a physical data room to accomplish the disclosure of documents. For reasons pertaining to cost, efficiency and security, virtual data rooms have widely replaced the more traditional physical data room. Some providers of Virtual Data Rooms are EthosData [1] Merrill DataSite [2], Ansarada [3], IntraLinks, Bowne & Co., Data Room Services/DRSgital, Multipartner, PROJECTFUSION [4], Imprima Group [5] and TransPerfect Deal Interactive [6].