Wednesday, April 20, 2011

VNET:2011-04-20: 21Vianet Group

Remark
. Chinese company
. Featured in IPO Home

IPO Date & Price
IPO Date: 2011-04-20
Offer price/share: $15 x 13M = $195M

Underwriters
Joint Book Runner: Morgan Stanley, Barclays Capital, J.P. Morgan
Co Manager: Piper Jaffray, William Blair, Pacific Crest

Business
Sector: Technology
Industry: Application Software
Full Time Employees: 582
Founded: 1999

Largest carrier-neutral Internet data center services provider in China

21Vianet Group, Inc. provides carrier-neutral Internet data center services in China. The company hosts and offers interconnectivity for customers’ servers and networking equipment to enhance the availability and security of their Internet infrastructure. Its hosting and related services include managed hosting services that dedicate data center space to house customers’ servers and networking equipment and provide tailored server administration services; interconnectivity services, which allow customers to connect their servers with Internet backbones in China and other networks through Border Gateway Protocol network, or single-line, dual-line, or multiple-line networks; and value-added services comprising firewall services, server load balancing, data backup and recovery, data center management, server management, and backup server services. The company also provides managed network services that allow customers to deliver data across the Internet through a hosting area network, data transmission network, and proprietary BroadEx smart routing technology; and cloud infrastructure services, which enables businesses to run their applications over the Internet without having an information technology infrastructure on their own premises. Its customers include Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises. The company was founded in 1999 and is headquartered in Beijing, the People’s Republic of China

Yahoo: http://finance.yahoo.com/q/pr?s=VNET

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