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Federal Trust building at 13th and N Streets in Lincoln

Binary.net operates out of the Federal Trust Building at 13th and N streets.

Lincoln-based data center company Binary.net has announced the acquisition of a local competitor.

Binary.net said last week it has acquired Lincoln Data Investments. Terms of the deal were not disclosed.

The two companies run neighboring data centers in downtown Lincoln. Binary.net operates its data center out of the Federal Trust Building, 134 S. 13th St. Lincoln Data Investments has its data center in the Sharp Building, 206 S. 13th St.

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Binary.net said it will run the new company as a subsidiary called Lincoln Data Centers.

Binary.net, which has been in business for 23 years, is the largest data center company in Lincoln.

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Business editor/reporter

Matt Olberding is a Lincoln native and University of Nebraska-Lincoln graduate who has been covering business for the Journal Star since 2005.

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