CHICAGO and DALLAS, March 15,
2016 /PRNewswire/ -- CME Group today announced
that it has entered into a definitive agreement to sell its
suburban Chicago data center in
Aurora, Ill. to CyrusOne, Inc.,
(NASDAQ: CONE) a global data center services provider, for
$130 million. The transaction
is subject to customary closing conditions.
As part of the sale, CME Group will enter into a 15-year lease
for data center space and will continue to operate its electronic
trading platform, CME Globex, from the data center and will offer
co-location services there. CME Group will have the ability
to expand co-location services within the leased space going
forward. The agreement also outlines the ways in which
CyrusOne and CME Group will enhance the range of services available
to their mutual customers through connectivity, hosting and data
offerings.
"CME Group is pleased to work with CyrusOne to maintain our
co-location services while reducing our real estate holdings in
line with our growth strategy," said CME Group Chief Financial
Officer John Pietrowicz. "This
transaction allows us to enter into a long-term lease to meet our
data center needs while focusing our resources on what we do best –
running our exchanges, providing global risk management and
offering a broad range of technology services. Further, by
entering into this relationship with CyrusOne, CME helps to ensure
that our customers will have cost-efficient access to an even
broader set of infrastructure and data services, including disaster
recovery, cloud access, data storage and high-performance
computing."
"The acquisition-leaseback of this facility offers unique
advantages to our customers involved in the global financial
markets by providing connectivity to those transacting on the CME
Globex platform. With this facility, and with CME Group as
our tenant, we are excited to have the opportunity to expand the
global risk management campus in Chicago – the preeminent financial services
co-location hub in the industry - which will be a cornerstone of
our unique and rapidly growing data center platform," said
Gary Wojtaszek, president and CEO,
CyrusOne. "This acquisition helps solidify our position in the
financial services market and will create additional FinTech
opportunities by offering a unique ecosystem to our financial,
energy, enterprise, and cloud customers."
Through this acquisition, CyrusOne will increase the size of its
portfolio to 33 data centers across US, Europe, and Asia, and strengthen its offerings within the
financial services market. The facility is approximately
428,000 square feet. It features next-generation security,
fire protection, and infrastructure enhancements.
Jim Rosenbloom and Mike Manuel of the law firm of Goldberg Kohn
represented CME Group. DLA Piper advised CyrusOne.
About CME Group
As the world's leading and most
diverse derivatives marketplace, CME Group (www.cmegroup.com) is
where the world comes to manage risk. CME Group exchanges offer the
widest range of global benchmark products across all major asset
classes, including futures and options based on interest rates,
equity indexes, foreign exchange, energy, agricultural commodities,
metals, weather and real estate. CME Group brings buyers and
sellers together through its CME Globex® electronic trading
platform, its trading facilities in New
York and Chicago, and
through its London-based CME
Europe derivatives exchange. CME Group also operates one of
the world's leading central counterparty clearing providers through
CME Clearing and CME Clearing Europe, which offer clearing and
settlement services across asset classes for exchange-traded
contracts and over-the-counter derivatives transactions.
These products and services ensure that businesses everywhere can
substantially mitigate counterparty credit risk.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME,
Globex and Chicago Mercantile Exchange are trademarks of Chicago
Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the
Board of Trade of the City of
Chicago, Inc. NYMEX, New York Mercantile Exchange and
ClearPort are registered trademarks of New York Mercantile
Exchange, Inc. COMEX is a trademark of Commodity Exchange,
Inc. All other trademarks are the property of their
respective owners. Further information about CME Group (NASDAQ:
CME) and its products can be found at www.cmegroup.com.
About CyrusOne
CyrusOne (NASDAQ: CONE) specializes in
highly reliable enterprise-class, carrier-neutral data center
properties. The company provides mission-critical data center
facilities that protect and ensure the continued operation of IT
infrastructure for more than 940 customers, including nine of the
Fortune 20 and more than 170 of the Fortune 1000 or
equivalent-sized companies.
CyrusOne's data center offerings provide the flexibility,
reliability, and security that enterprise customers require, and
are delivered through a tailored, customer-service-focused platform
designed to foster long-term relationships. CyrusOne's National IX
platform provides robust connectivity options to drive revenue,
reduce expenses, and improve service quality for enterprises,
content, and telecommunications companies. CyrusOne is committed to
full transparency in communication, management, and service
delivery throughout its more than 30 data centers worldwide.
Additional information about CyrusOne can be found at
www.CyrusOne.com.
CME-G
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SOURCE CME Group; CyrusOne