Virtual Data Room - VDR
A Virtual Data Room (VDR) is a series of proprietary extranets that provide an online repository of data. Businesses typically use a secure virtual data room to share critical information with external customers and partners in a secure, online environment. The Virtual Data Room enables parties to view documents relevant to a particular transaction for authorized users. Documents are stored in electronic format on a central server and accessed via the Internet.
Secure, Virtual Meeting Rooms
VDRs are assumed to be secure and confidential virtual meeting rooms where buyers, attorneys, accountants and other professionals can review sensitive documents. Initially, VDRs were mainly used by lawyers to meet with clients, but today VDRs are used in a wide array of businesses where a cost-effective way to eliminate the need for a physical data or consultation room is needed.
A Virtual Data Room is commonly called a Virtual Deal Room.
Stay up to date on the latest developments in Internet terminology with a free weekly newsletter from Webopedia. Join to subscribe now.
We look at a few of the more troubling aspects of statistics and how these may be used to advance an agenda or skew the facts to someone's... Read More »29 Free Android Apps for Cash-Strapped Students
From wacky alarm clocks to lecture hall tools and after class entertainment, these Android apps are a good fit for a student's life and budget. Read More »Sharing Threat Intelligence
A growing number of startups make the sharing of threat intelligence a key part of their solutions. Read More »
The Open System Interconnection (OSI) model defines a networking framework to implement protocols in seven layers. Use this handy guide to compare... Read More »Network Fundamentals Study Guide
Networking fundamentals teaches the building blocks of modern network design. Learn different types of networks, concepts, architecture and... Read More »Computer Architecture Study Guide
This Webopedia study guide describes the different parts of a computer system and their relations. Read More »