data room

English

Noun

data room (plural data rooms)

1. A space used for housing data, usually of a secure or privileged nature in the context of mergers and acquisitions.
   • 2022, Maximilian Dreher, Dietmar Ernst, Mergers & Acquisitions […] , Springer Nature, →ISBN, page 62:

     The best way to respond to a due diligence request is to prepare and set up a data room by the seller and its advisors. […] A data room is a physical or electronic data pool that contains a variety of essential information about the target company that the seller wants to make available to potential buyers for analysis.

Derived terms

• virtual data room

Further reading

• data room on Wikipedia.Wikipedia