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Zayo Group Buys CoreXchange

Light Reading
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3/6/2014
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BOULDER, Colo. -- zColo, the colocation division of international Bandwidth Infrastructure provider Zayo Group, LLC (“Zayo”), today announced it has acquired CoreXchange, Inc., a data center, bandwidth and managed services provider in Dallas, Texas. The purchase adds one new data center, located at 8600 Harry Hines Blvd, to the zColo portfolio. In addition, zColo will secure an additional 12,000 square feet in CoreXchange’s suite at its existing data center in the Dallas Infomart at 1950 N. Stemmons Freeway.

The acquisition yields over 18,000 square feet of total data center space and brings zColo’s national data center count to 27 locations. As a part of the acquisition, Zayo will also assume ownership of ColoUnlimited, CoreXchange’s online presence that facilitates simple, real-time online sales and ordering of colocation services. zColo will continue operating ColoUnlimited in the Dallas market before integrating into Zayo’s recently announced Internet Portal, Tranzact, in the second quarter of 2014. Tranzact will enable transactional ordering capabilities across zColo’s national data center footprint.

In Dallas, Zayo currently operates colocation facilities at 2323 Bryan St. and the Dallas Infomart, where zColo will gain an additional suite with this purchase. All facilities are diversely connected to Zayo’s dense fiber footprint in Dallas, providing connectivity to major carriers and content providers and access to Zayo’s full suite of dark fiber, bandwidth solutions and Tier-1 IP network.

Zayo Group Inc. (NYSE: ZAYO)

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DOShea
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DOShea,
User Rank: Blogger
3/9/2014 | 10:27:24 PM
Buying binge
Zayo's at it again--something liek 29 acquisitions and counting. Who's left?
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