The phrase "a data room" is correct and usable in written English.
It is typically used in business and legal contexts to refer to a secure space where documents and information are stored and shared, often during due diligence processes.
Example: "The company set up a data room to facilitate the review of financial documents by potential investors."
Alternatives: "a virtual data space" or "an information repository".
This person would not comment on whether Aventis had allowed Novartis access to a data room.
Sanofi has not yet been allowed access to a data room, said a person close to the company.
BP has recently given AAR more details of its proposed alliance with Rosneft and granted it access to a "data room" of confidential information.
Mr Bloom said that he would have the list of Railtrack's assets - known as a data room - ready for inspection by potential bidders for the network by the end of March.
In a letter seen by the Financial Times, Chris Wootton, deputy chief financial officer at Sports Direct, said the retailer had "not been allowed access to a data room, any financial information or meetings with management".
The Intellectual Property Exchange International does due diligence on patent offerings and plans to make a "data room" available to prospective buyers, which can include speculative investors and companies looking to use the technology.
The team responded with a statement saying that "almost all of the documents" requested by Selig's office are available in a virtual data room, and a complete report on the team's financial condition was provided to Schieffer and John McHale Jr., an M.L.B. official, last week.
Selling companies need to understand that populating an online data room will take a substantial amount of time and require devotion of significant company resources.
"The only information they provided was in a virtual data room that we didn't agree to, with restrictions that we didn't agree to".
Failure to have a complete data room ready will slow up or potentially kill the transaction.
I know this because we set up a virtual data room inside that contained all of the information they needed.
