21Vianet Group (VNET) Selected by China Everbright Bank to Provide Long-term IDC Solutions

21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it has won a bid to provide and operate a mission-critical production center via its multiple-active DC architecture for China Everbright Bank throughout and has entered into a long-term cooperation agreement with China Everbright Bank. Located in Beijing, the initial phase of the project, having 3,000 square meters of raised floor space, is expected to be completed by the first half of 2020.

Mr. Alvin Wang, Chief Executive Officer and President of 21Vianet, commented, “China Everbright Bank’s selection of 21Vianet to provide production center with premium IDC and operational services reflects the appeal of our core value proposition and continuing industry leadership. We are excited to expand our customer base in the financial industry, where industry players maintain a consistent desire for highly-secure and dependable IDC solutions. Our cooperation with such a sterling financial institution is not only a testament to our in-depth domain expertise and proven technology solutions, but also a milestone marking a significant breakthrough in the progression of our refined retail strategy. Going forward, as China Everbright Bank continuously expands its business and strengthens its investment in technology, we will pursue further cooperation with them. In addition, we also plan to leverage our comprehensive suite of IDC services to explore additional opportunities in the financial industry and create greater shareholder value.”

You May Also Be Interested In

• IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
• Vacasa, Inc. (VCSA) Announces Resignation of Principal Accounting Officer
• VNET Announces Changes to Leadership Team