|[March 06, 2014]
Zayo Group Acquires Dallas-Based Data Center Provider CoreXchange
BOULDER, Colo. --(Business Wire)--
the colocation division of international Bandwidth (News - Alert) 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.
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 quarte 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.
Adding the CoreXchange facilities enables zColo to provide colocation
alternatives for enterprise customers, carriers, content providers and
others seeking to establish or enhance their Dallas metro presence.
Zayo's metro fiber network in Dallas spans more than 500 route miles and
reaches more than 250 on-net buildings, enabling customers to connect to
other locations via Zayo's metro fiber footprint. Customers also can
connect to other metro market locations across the country via long-haul
"Dallas is one of the world's leading corporate headquarter hubs and has
seen tremendous growth in the high tech and energy fields," said Chris
Morley, president at Zayo Group (News - Alert). "Expanding the zColo footprint not only
provides more alternatives for colocation in the Dallas market, but
provides easier access for customers to tap into Zayo's international
Bandwidth Infrastructure footprint."
The CoreXchange transaction follows the 2013 acquisition of CoreNAP,
establishing zColo's presence in Austin, Texas, as well as zColo's
recent organic expansion announcement in Miami, Fla., at 36 NE 2nd
St. The transaction was funded with cash on hand.
For more information on zColo data centers, please visit http://www.zayo.com/services/colocation.
About Zayo Group
Based in Boulder, Colo., Zayo Group provides comprehensive Bandwidth
Infrastructure services in more than 300 markets throughout the U.S. and
Europe. Zayo delivers a full suite of managed services and dark fiber
products to wireline and wireless customers, data centers, Internet
content providers, high-bandwidth enterprises, and government agencies
across its robust 77,000 route mile network. The company also offers 27
carrier-neutral colocation facilities across the U.S. Please visit www.zayo.com
for more information about Zayo and its fiber solutions.
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