Thomson Reuters to lease data center space
EAGAN, Minn., July 21, 2010 – Thomson Reuters today announced it is adding a new data center to its operations. Thomson Reuters has completed an agreement to lease space in Minneapolis from XO Communications, one of the nation’s largest communications service providers, to house the new data center.
The facility will be the fourth data center for the company’s operations in Eagan, the headquarters for Thomson Reuters, Legal, and will support Thomson Reuters businesses worldwide. XO Communications will provide dedicated facility space, high-capacity network services, and necessary electrical and mechanical infrastructure. Thomson Reuters will operate and staff the facility with its equipment and personnel. Thomson Reuters employs more than 6,600 people in Minnesota and is one of the largest employers in Dakota County.
“Our new data center will allow us to better serve our customers and to accommodate the growth we are seeing globally in our businesses,” said Rick King, chief technology officer of the Thomson Reuters Professional division. “New initiatives such as WestlawNext™, our groundbreaking next-generation legal research service, along with global expansion of the Westlaw® franchise, are fueling increased demand for our online services from businesses and professionals around the world.
“XO Communications is an excellent provider of dedicated, highly secure, state-of-the-art facility space,” said King. “Our agreement with XO provides us with tremendous flexibility in accommodating future growth and adapting to changing customer demand and market conditions worldwide. In addition, it allows us to bring our new data center online in a very rapid timeframe.”
The new data center is expected to be operational in fall 2010.
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs 55,000 people and operates in over 100 countries.
Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, go to www.thomsonreuters.com.
Thomson Reuters, Legal