zColo Acquires MarquisNet
LOUISVILLE, CO, Jan 03, 2012 (MARKETWIRE via COMTEX) --
zColo, a Zayo Group company, announces it has acquired MarquisNet's
data-center business in Las Vegas, Nevada. The 28,000 square foot
data center, located at 7185 Pollock Drive, will be the twelfth zColo
The acquisition represents Zayo Group's 18th acquisition since its
inception, having recently completed the transaction for 360Networks
on December 1, 2011. The acquisition is part of Zayo's strategy to
grow its Bandwidth Infrastructure business through investments in
organic growth as well as acquisitions.
Along with its gaming industry focus, Las Vegas has experienced
increased data center demand as a disaster recovery location for west
coast enterprise customers. Zayo Group will extend its fiber network
into the facility representing the ninth carrier with a network
presence, delivering a range of fiber and Bandwidth Infrastructure
options to its tenants.
"zColo is a carrier-neutral colocation provider focused on providing
space, power, and interconnection services," states Chris Morley,
President of zColo. "Though we operate separately and autonomously
from Zayo Bandwidth and Zayo Fiber Solutions, zColo's focus is
consistent with Zayo Group's infrastructure strategy."
With the Las Vegas facility, zColo operates 12 data centers across 11
markets, including Los Angeles and three facilities in key Carrier
Gateway locations in New York and New Jersey. The company is the
exclusive manager and operator of the 60 Hudson St. "Meet-Me-Room" in
New York City, one of the world's most connected buildings. zColo
reported $38.7M in annualized adjusted revenue and $13.5 in
annualized adjusted EBITDA in 3Q11.
For more information on Zayo Group, visit www.zayo.com.
Zayo Colocation Inc., also known as zColo, is a wholly
owned subsidiary of Zayo Group providing carrier-neutral,
interconnection focused colocation services in 12 domestic locations.
zColo is the exclusive operator of the 60 Hudson Street (NYC)
Meet-Me-Room and other interconnection focused colocation facilities
in the NY/NJ metro market, Pittsburgh, Nashville, Memphis,
Cincinnati, Cleveland, Columbus, Minneapolis, Los Angeles and Las
About Zayo Group
Based in Louisville, Colo., privately owned Zayo
Group (www.zayo.com) is a national provider of fiber-based Bandwidth
Infrastructure and network-neutral colocation and interconnection
services. Zayo serves wireline and wireless carriers, data centers,
Internet content and services companies, high bandwidth enterprises
as well as federal, state and local government agencies. Zayo
provides these services over regional, metro and fiber-to-the-tower
networks. Zayo's network assets include 44,000 route miles, covering
39 states plus Washington D.C. Additionally, Zayo has 4,500 buildings
on-net, 450 Points-of-Presence (POPs), 2,100 cell towers on-net, and
over 170,000 square feet of colocation space. Zayo was recently named
one of the Denver-areas Fastest Growing Private Companies by the
Denver Business Journal.
SOURCE: Zayo Group
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