Dec. 17, 2001 -- Lehman Brothers has leased more than 50,000 square feet of data center space at one of Level 3's data centers in Manhattan, the two companies said today.
The investment banking firm signed a 15-year lease for the space, which it will use for internal data network and other operating systems.
"Lehman is one of the world's premier financial institutions,'' said Kevin O'Hara, Level 3's president and chief operating officer. ``Lehman's decision to choose Level 3 now gives us an anchor tenant at this facility. This agreement is further testament to the breadth and quality of our network infrastructure.''
Level 3 has eight data centers in the New York market with more than 750,000 square feet of technical space, which connect customers to the company's global network in major markets around the world.
Lehman Brothers serves the financial needs of corporations, institutional clients, and high-net-worth individuals worldwide. The firm is headquartered in New York, London, and Tokyo and operates in a network of offices around the world.
Level 3 Communications is a global communications and information services company offering IP services, broadband transport and colocation services.