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Ameritrade records $9.2 million gain on data centre sale

08 January 2003  |  3450 views  |  0 Ameritrade records $9.2 million gain on data centre sale

Online brokerage Ameritrade has sold its Kansas City data centre facility to MasterCard for $23.5 million in cash.

Ameritrade says it will lease approximately 20% of the facility that it currently occupies for a minimum five-year period. This will allow the company's data centre operations and backup capabilities to remain the same.

The firm will record a gain on the sale of the facility of approximately $9.2 million.

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