Virtual data room

     A virtual data room (sometimes called a VDR) is an internet repository of information that can be used for the storing and distribution of documents. Most of the time, a digital data room can be used to facilitate the due homework process during an M&A transaction, loan syndication, or private equity and investment capital transactions. This due homework process has traditionally used an actual data room to accomplish the disclosure of documents. For reasons of cost, efficiency and security, virtual data rooms have widely replaced the more traditional physical data room.

A virtual data room is an extranet to which the customers and the advisers are given access over the internet. A great extranet is essentially a site with limited handled gain access to, by using a secure log-on given by the vendor, which is often disabled whenever you want, by the vendor, if a prospective buyer withdraws. Much of the information released is secret and restrictions are applied to the viewer's potential to release this to third parties (by means of forwarding, copying or printing). This can be effectively applied to protect the data using digital rights management